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Warren Buffett Increases Stake in Wells Fargo (NYSE:WFC) Via Berkshire Hathaway (BRK:A) – Is it Ethical?(americanbankingnews.com)Search
2009-11-18 In its most recent regulatory filing, Berkshire Hathaway (BRK:A) increased its stake in Wells Fargo (NYSE:WFC) by over 10 million shares in the third quarter. To me, this does raise ethical questions on the part of the actions and comments of Warren Buffett, who has been backing up the bailout of banking and other institutions on the one hand, while investing millions in one of those institutions, which has largely benefited from the use of taxpayer dollars.
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