Berlusconi: Bad Boy Billionaire

Berlusconi by the Numbers: Woes of a Billionaire (via Bloomberg TV)

Oct. 2 (Bloomberg) --- Italy continues to be on the brink of a political meltdown, with Silvio Berlusconi's People of Freedom party trying to torpedo the government. Bloomberg Television's David Tweed looks at the numbers behind the former prime minister…

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David Sokol, ex-Buffett aide, gets a free pass from the SEC

That's the hard charging Securities and Exchange Commission (SEC). Not, the football conference.

David Sokol, who resigned in disgrace from Berkshire Hathaway in 2011, gets a completely free pass from the SEC.

Does it pay to know the right people, or what?

The Wall Street Journal said: "A spokesman for the SEC declined to comment."

Makes perfect sense.

Who is David Sokol and why should we care?

He's the guy the allegedly got a free pass for front running Berkshire shares (see article).

How did the alleged conversation possibly go down with Warren Buffett? See here.