Thanks to our friends at the Wall Street Journal I found a copy of Berkshire Hathaway’s Board of Directors Audit Committee Report on David Sokol’s trading in the shares o Lubrizol. A copy of the report can be found here: http://online.wsj.com/public/resources/documents/Berk_Board.pdf
I am going to read through the report, the Berkshire Memo on Insider Trading and be back with my comments in the next day or so. I’ll let you know what I think happened and what I think lies in store for Mr. Sokol.