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Posts Tagged ‘Sokol’

Buffett Faults Sokol, Calls CEO Candidate ‘Straight as an Arrow’

May 1st, 2011 Comments off

Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett, preparing the firm for his eventual departure, criticized former manager David Sokol for a stock deal while lauding the integrity of a CEO candidate.
BusinessWeek.com — Finance

Buffett Faults Sokol, Takes Blame for Not Pressing Him on Trades

April 30th, 2011 Comments off

David Sokol broke Berkshire Hathaway Inc.’s ethics rules by investing in a company as he pushed for its takeover, according to Chairman Warren Buffett, who said he regrets not pressing Sokol earlier for details.
BusinessWeek.com — Finance

How Buffett Protégé David Sokol Lost His Way

April 29th, 2011 Comments off

Did the heir apparent leave Berkshire Hathaway for family reasons, or did trading improprieties involving Lubrizol have something to do with it?
BusinessWeek.com — Finance

Buffett to Face Questions on Praising Sokol Before Audit Report

April 29th, 2011 Comments off

Warren Buffett has asked for tough questions at the annual meetings of his Berkshire Hathaway Inc. He may get his wish after praising the outgoing executive who was later faulted by a board committee for misleading the company about stock trades.
BusinessWeek.com — Finance

Sokol Misled Buffett, Violated Trading Rules, Board Audit Finds

April 28th, 2011 Comments off

David Sokol violated Berkshire Hathaway Inc.’s insider-trading rules and misled the company about his personal stake in Lubrizol Corp., which he recommended as a takeover target to Chairman Warren Buffett, the firm said.
BusinessWeek.com — Finance

Sokol Knew Lubrizol Board to Be Told of Berkshire’s Interest

April 12th, 2011 Comments off

Lubrizol Corp., which agreed last month to be bought by Berkshire Hathaway Inc., expanded its disclosure to regulators to show that David Sokol purchased stock after he was told the company’s board would be notified of the takeover interest.
BusinessWeek.com — Finance