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Buffett Likely Backed Wells Fargo Board in Shareholder Vote

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News video: Buffett Likely Backed Wells Fargo Board in Shareholder VoteWarren BuffettWarren Buffett
Warren Buffett reportedly voted his stake in Wells Fargo to back the bank's board. Buffett is the bank's largest shareholder, owning roughly 10%. Wells Fargo is under fire for reportedly directing employees to create up to 2 million fraudulent accounts. Institutional Shareholder Services recommended shareholders vote out 12 of 15 board members. Read More: Buffett Likely Backed Wells Fargo Board in Shareholder Vote


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