"No man can become rich without himself enriching others"
Andrew Carnegie



Sunday, May 1, 2011

Top Business News

The Washington Post
How the U.S. detoured to massive debt 
The nation’s unnerving descent into debt began a decade ago with a choice, not a crisis.
(By Lori Montgomery) 

Warren Buffett says ex Berkshire exec clearly violated ethics standards with Lubrizol trades
OMAHA, Neb. — Warren Buffett believes David Sokol clearly violated Berkshire Hathaway’s ethical standards when he bought stock in Lubrizol before recommending that Berkshire buy the chemical company.
( Associated Press Associated Press , AP) 


The New York Times

In China, Art Is Making a Commercial Statement

By HANNAH SELIGSON
To reach the huge under-30 market in China, advertisers are turning to the country's young artists, musicians and designers to make companies' brands cool.

Buffett Takes Sharper Tone in Sokol Affair

By MICHAEL J. DE LA MERCED
Warren E. Buffett called David Sokol's actions "inexplicable and inexcusable" during Berkshire Hathaway's annual shareholder meeting in Omaha.



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