Berkshire floor open for questions on Sokol’s tradings

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April 29th, 2011

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David Sokol, once believed to be in line to succeed Warren Buffett at Berkshire Hathaway, resigned this month after controversial tradings with chemical company, Lubrizol, that reportedly netted him $3 million.


Omaha, NE – Berkshire Hathaway shareholders will get a chance to get answers on controversial dealings by investor David Sokol in Omaha this weekend. It’s the annual Berkshire Hathaway shareholders meeting, and the Oracle of Omaha Warren Buffett says he will take questions on Sokol’s tradings. Robyn Wisch checked in with Nebraska Watchdog’s Joe Jordan for the latest on the controversy.

 

*A transcript of the questions raised at the shareholders meeting regarding Sokol and Lubrizol will be posted on the Berkshire Hathaway website “as soon as possible following the meeting,” according to a release from the company that accompanied the Audit Committee’s report on April 27th.

Click here to read the full report from the Berkshire Hathaway Audit Committee.

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