Berkshire Hathaway's Charlie Munger is defending Wells Fargo's recently departed Chief Executive Tim Sloan -- saying he never should have resigned. "He's a very good bank lender," Munger said of Sloan, who stepped down in March amid a slew of consumer scandals. "All these banks are using the government's credit to get the money, and...
Berkshire Hathaway's Charlie Munger is defending Wells Fargo's recently departed Chief Executive Tim Sloan -- saying he never should have resigned. "He's a very good bank lender," Munger said of Sloan, who stepped down in March amid a slew of consumer scandals. "All these banks are using the government's credit to get the money, and...
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