What David Sokol did was "front-running, and everybody knows that it is wrong," Alice Schroder...

|By:, SA News Editor
What David Sokol did was "front-running, and everybody knows that it is wrong," Alice Schroder writes. "When Sokol pitched the deal to Buffett (BRK.A), he was holding stock in Lubrizol (LZ) that had the equivalent of free lottery tickets attached... Instead of condemning Sokol, Buffett gave him a pat on the back on the way out... It’s too bad that Buffett missed an opportunity to show moral courage."