Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2017-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Having a Bad System in the Banking Business

The main problem was they didn't act when they learned about it. They thought a hundred eighty five million dollar fine signaled a less offensive practice than something involved two billion and they were totally wrong on that. Berkshire has the main source of information for me about anything that's being done wrong at a subsidiary is the hotline now we get four thousand or so hotline reports every year.

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