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Thursday, September 19, 2024

Warren Buffett slams banks for hiding their losses – and reveals he sold some bank stocks after spotting red flags

Warren Buffett has finally weighed in on the banking fiasco. He slammed lenders for taking unnecessary risks and disguising their losses, and revealed that he sold his stakes in several banks because he spotted red flags in their financials. The famed investor and Berkshire Hathaway CEO told CNBC on …

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