Berkshire Puts Execs on Leave Because of Probes
From Bloomberg News
Warren Buffett’s Berkshire Hathaway Inc. said it had put two employees on leave because of reinsurance accounting investigations.
An employee of Berkshire’s General Re Corp. was placed on administrative leave with pay after the Justice Department said it was targeting the individual in a probe, Berkshire said in a Securities and Exchange Commission filing.
Berkshire also put on leave the chief executive of London-based Faraday Group.
