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Tag Archives: Warren Buffett

Buffett in Wells Fargo CEO’s Corner

Despite Senator Warren’s calling of Wells Fargo CEO Tim Sloan to be fired, Warren Buffett said Sloan still has his faith. Take a look at Tuesday morning’s highlights from the U.S. Senate Committee on Banking, Housing, and Urban Affairs full committee hearing titled “Wells Fargo: One Year Later.”

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Buffett Weighs in on Wells Fargo Scandal

Warren Buffett weighed in on the recent Wells Fargo scandal, which saw its sales reps create fake accounts in order to meet quotas, at a recent Q&A with Berkshire Hathaway shareholders. According to the billionaire, the bank incentivized the "wrong kind of behavior," and CEO John Stumpf should've acted sooner. Buffett also covered the firm's recent earnings report and expected corporate tax cuts.

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