Warren Buffett at Salomon Hearings

Posted on May 7, 2010 by Cale Smith

Back in 1991, Wall Street firm Salomon Brothers was in serious trouble over a bond-rigging scandal. Warren Buffett took over as chairman and CEO for an annual salary of $1. This was the opening statement he gave to Congress.

Cale Smith

About Cale Smith

Portfolio Manager at Islamorada Investment Management.
This entry was posted in For Investors and tagged . Bookmark the permalink.