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Berkshire Hathaway (BRK.A) announces David Sokol's Lubrizol purchases violated company policies,...

Berkshire Hathaway (BRK.A) announces David Sokol's Lubrizol purchases violated company policies, including its Insider Trading Policies and Procedures. "His misleadingly inappropriate disclosures... violated the duty he owed to the company."
Comments (3)
  • Bill Costello
    , contributor
    Comments (1291) | Send Message
     
    Wow there's a shocker. Who would have thought?
    27 Apr 2011, 04:27 PM Reply Like
  • Ken Hasner
    , contributor
    Comments (427) | Send Message
     
    No big surprise here. The big surprise will be what Buffet will do to get some movement in his stock price. The past 42 months have Berkshire shareholders at a loss (from 10/2007). I believe his acquisition strategy has left the firm too correlated to the general economy. There is little value in that IMHO. Economy sinks so does berkshire. The financial crisis whacked BRKA (B) shareholders just as hard as any other investor.
    27 Apr 2011, 04:32 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3314) | Send Message
     
    Translation,

     

    Were sorry he & we got caught, and now must do some public relations, damage control.
    27 Apr 2011, 04:46 PM Reply Like
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