RealNews

Top bankers should be accountable for risks: Buffett

Warren Buffett, the world’s richest man, said Tuesday that few banking chief executives appeared willing to assume responsibility for the risks their institutions take. “I think that the head of any bank or financial institution has to be the chief risk officer, you cannot delegate (the job) to someone who comes in once a week,” said the famed investor, known widely as the “Sage of Omaha.” Full Story

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