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Wells Fargo's Corset

The Federal Reserve just told Wells Fargo it can't grow. On today's show: Why that's a big deal for Wells Fargo, and for other big banks.
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Berkshire Hathaway is dumping 9 million shares of Wells Fargo worth around $480 million in order to get around possible Federal Reserve regulations. Warren Buffett's company owned more than 10% of the bank after Wells repurchased a ...

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Warren Buffett has asked the Fed if he can own more than 10% of Wells Fargo

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