07-05-2023 17:23 via theguardian.com

US banking crisis: Warren Buffett says bosses should face ‘punishment’

Billionaire investor believes ‘CEO and directors should suffer’ when banks they run get into troubleLarry Elliott: can Biden escape fallout from US banking crisis?The billionaire investor Warren Buffett has said executives who led the US banking system into crisis should face “punishment”, as the American economy grapples with the worst series of bank failures since the 2008 financial crash.The owner of the investment firm Berkshire Hathaway said US bank directors “
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