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Buffett hasn't sold any Wells Fargo

Published 11/11/2016, 02:27 PM
Buffett hasn't sold any Wells Fargo
WFC
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  • Calling Wells Fargo (WFC) an "incredible institution," Warren Buffett tells CNN the bank made a "terrible mistake," and now former CEO John Stumpf is a "very decent man" who didn't correct things fast enough.
  • As for the new CEO, Buffett calls Tim Sloan the right man for the job, and disagrees with those who say Wells should have hired an outsider to fill the position.

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