MarketFoolery: 03.31.2011
MarketFoolery
English - March 31, 2011 20:01 - 12 minutes - 5.75 MB - ★★★★★ - 1.6K ratingsBusiness News News fool business investing market money motley news stocks Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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David Sokol, once considered a possible successor to Warren Buffett, resigns following revelations that he bought $10 million in shares of Lubrizol just days before he recommended that Buffett buy the company. Is there another shoe to drop? How much damage has been done to Buffett’s and Berkshire’s reputation? What does the news mean for the Lubrizol deal? Who is the likely successor to Buffett now? Our analysts answer those questions and weigh in with their reactions.