(May 5, 2018) Warren Buffett says that although Wells Fargo committed a “cardinal sin,” it’s still a good investment.
(May 6, 2017) Warren Buffett says Wells Fargo made a key mistake in the scandal that resulted from employees creating fake customer accounts to meet cross-selling goals.
(May 1, 2010) Berkshire Hathaway CEO Warren Buffett and Vice-Chairman Charlie Munger outlines the actions he would take if he were in charge of regulating the financial industry.
(May 1, 2010) The Securities and Exchange Commission accused Goldman Sachs of engaging in fraud in a transaction called ABACUS. Berkshire Hathaway CEO Warren Buffett explains what happened and shares his views on the situation.
(May 1, 2010) As Goldman Sachs faces fraud allegations by the SEC, Warren Buffett offers crisis management advice and praises Goldman’s work in its past business deals with Berkshire.
It's ironic that Buffett has said too big to fail is a problem regulators can't stop, and yet he continues to plow money into the largest of U.S. banks with very favorable conditions for himself. Buffett told the Financial Crisis Inquiry Commission last year that too big to fail will never be resolved, and that... Continue Reading →
(May 3, 2003) Warren Buffett and Charlie Munger talk about how they underestimated the success of the banking industry.