Friday, April 08, 2005
AIG/Berkshire investigation which contains the following:
"Mr. Buffett, in a bid to win leniency for Berkshire from prosecutors in an unrelated case, directed his outside lawyers several months ago to turn over documents describing a suspect transaction between a Berkshire unit and AIG, people familiar with the matter say".
My question: Berkshire's attorneys were merely turning over subpoenaed material to prosecutors - so on what basis was Buffett seeking to win leniency?
Is there more to this than meets the eye?