In a recent interview, Berkshire Hathaway CEO Warren Buffett stated that Wells Fargo should look outward in their search for a new CEO.
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Buffett: Economy Will Hurt if Uninsured Harvey Losses Top $150 Billion
Warren Buffett said he wouldn't be surprised if Berkshire Hathaway has 50,000 total loss claims in the wake of Hurricane Harvey—and that's just a small part of the damage Texas has incurred.
Read More »Buffett Says Wells Fargo Incentives, CEO to Blame
According to billionaire Warren Buffett, Wells Fargo's CEO John Stumpf should have responded sooner to problems with its sales incentive programs which, Buffett says, were "incentivizing the wrong kind of behavior." The Chairman of Berkshire Hathaway addressed the bank's scandal on Saturday during a Q&A session with shareholders. He also discussed the firm's Q1 report and potential corporate tax cuts.
Read More »Buffett: There is No Housing Bubble
Why does the billionaire CEO of Berkshire Hathaway believe that there will not be another housing market crash?
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