https://example.com/dLn06g5ri8
End of an era.
He beefed up investment in Citi, among others.
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The same Warren Buffet who pretends to be an honorable man but has had multi decades affair and refused to divorce his wife despite living with his side hag for decades? The guy who shares morals of Bill Gates?
Sc--w him.
how is the BOD okay with this!? why!? CS needs to address the bank. Actually, i would think he would be walked out to "look for other opportunities"
What does Warren Buffet know anyway...? Who cares what he thinks.
/s
Blame it on the BOD. They wanted to park the stagecoach on wall Street and hire and bunch of NYC hacks so we'd be just like any other bank.
If that isn’t a show of no confidence, I don’t know what is? Buffett likes long term investment potential, not short term pump and dumps. Guess which one we are. The writing is on the wall.
Berkshire Hathaway, led by chairman and chief executive Warren Buffett, has exited its ownership stake in Wells Fargo & Co. nearly six years after the bank’s fraudulent customer account scandal erupted in September 2016.
Link broken. Here's another article about it:
journalnow.com/tncms/asset/editorial/4eaf6220-d5ed-11ec-9578-efd5758b9bf6