Deals
Buffett Cut Sokol Calls Short, Saying, ‘We Just Shouldn’t Talk’
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Warren Buffett said he cut short two telephone calls from former Berkshire Hathaway Inc. manager David Sokol because he was concerned that conversations between the two could draw attention in a possible investigation.
“I said, ‘It just isn’t smart for us to be talking,’” Buffett, Berkshire’s chief executive officer, said today in a Bloomberg Television interview in Omaha, Nebraska, after the company’s annual meeting. “I said, ‘Someday they may be looking at the phone records to see if it was 15 minutes, and it’s better that it’s one minute. So we just shouldn’t talk.’”