Berkshire Hathaway Slashes Stake in Troubled Lender Wells Fargo – Yahoo Finance

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(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc., once the biggest holder of Wells Fargo & Co. common stock, slashed its investment by more than 40% as the San Francisco-based lender copes with the aftermath of consumer-abuse scandals.Berkshire sold mo…

Author: Katherine Chiglinsky and Hannah Levitt