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Mr. Buffett said that Mr. Sokol had violated company trading policy.
He supported Howard's last-minute ETS in 2007 and Malcolm Turnbull's carbon trading policy in opposition.
The company has an insider trading policy for all employees, she noted.
Our ethical trading policy forbids the use of forced labour by suppliers and their suppliers".
Still, Mr. Buffett said the trades violated company trading policy and called Mr. Sokol's actions "inexplicable and inexcusable".
This year, it put into effect an insider trading policy that bars current employees from selling stock.
Similar(20)
On Wednesday, the audit committee of Berkshire's board condemned Mr. Sokol's actions as violations of the company's insider stock-trading policy and hinted that the company might sue Mr. Sokol, a onetime star manager.
19th century trade policy.
Exchange rates and trade policy.
Political economy of trade policy.
International trade policy.
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