New Information Regarding Berkshire's Scandal

In my previous post about the Berkshire's scandal, new details have emerged today in WSJ's Deal Journal. David Sokol, the apparent heir of Berkshire Hathaway, suddenly quits his job has raised questions of the situation.


Three key incriminating evidence that the audit committee found are:

1. Warren Buffet did not know that Sokol bought shares in Lubrizol after Sokol asked bankers to kick off possible acquisition talks. 
2. Sokol lied to or misled the Berkshire CFO.
3. Sokol asked Bueffett to strike a paragraph in a press release regarding the impact of the Lubrizol stock purchases.