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2016-08-04 — bloomberg.com
Now that interconnected web is prompting U.S. regulators to examine whether Berkshire's stake in one of its biggest holdings, Wells Fargo & Co., violates rules for how much credit banks can extend to corporate insiders, according to two people familiar with the review.
... An arrangement raising particular concern is Berkshire's 16 percent investment in American Express Co., which does substantial business with Wells Fargo, said the people, who requested anonymity because the examination isn't public. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |