Keyword: NetJets

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David Sokol Deceived, Broke Law, Says Berkshire Hathaway

28.04.2011 - Former Berkshire Hathaway executive David Sokol deliberately misled Warren Buffett when pitching an investment to him, the company's board concluded in a scathing report that may...

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Berkshire's Lubrizol Deal: Key Events

28.04.2011 - Warren Buffett's leading heir apparent at Berkshire Hathaway, David Sokol, resigned after buying shares in Lubrizol, a chemical company he then pushed Buffett to buy. Here is a...

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Citi Bankers 'Shocked' At Sokol Lubrizol Shares

04.04.2011 - Bankers at Citigroup were unaware when discussing the possible sale of chemical company Lubrizol with the man tipped to succeed Warren Buffett that he had any intention to buy...

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Buffett's Potential Heirs At Berkshire

31.03.2011 - Legendary investor Warren Buffett lost his leading heir apparent at Berkshire Hathaway on Wednesday, when his favored lieutenant David Sokol resigned. Sokol, who was chairman of...

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Elan Cuts Jobs, Keeps Use Of Private Jet

26.01.2011 - Late last year, a handful of executives from Irish drugmaker Elan Corp flew by private jet from San Francisco to New York to notify the board they planned to lay off 130 workers...