“Former Berkshire Hathaway executive David Sokol offered a strong tongue lashing to his former mentor Warren Buffett, after the Securities and Exchange Commission decided not to take action against him for allegations of insider trading.
Sokol told The Wall Street Journal that “he will never understand why Mr. Buffett chose to hurt my family … but given that he is rapidly approaching his judgement [sic] day, I will leave his verdict to a higher power.”
Sokol was the Berkshire subsidiary executive who many considered to be a front-runner to replace Buffett as CEO. In 2011, Sokol resigned in the wake of what appeared to be an insider trading scandal. Sokol bought shares in Lubrizol, a chemicals company, The Journal reported….”
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