Wells Fargo SWAPs Exposure Different From Most Banks

Wells Fargo SWAPs ....... Warren Buffett, who famously called derivatives weapons of mass destruction, has had a love affair with Wells Fargo & Co, of which his Berkshire Hathaway owns 10%. The fourth largest bank by assets with nearly $1.75 trillion as of the fourth quarter of 2015, was a big bank that steered clear of the 2008 financial crisis by avoiding derivatives mis-steps that bedeviled the . . .

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