Buffet Balks

05 May

Berkshire Shareholders Defeat PetroChina Resolution

By Greg Miles and Josh P. Hamilton – Bloomberg Newsd 5/05/2007

Berkshire Hathaway Inc. shareholders voted by a 53-to-1 margin against a resolution calling on the company to divest its $3.3 billion stake in PetroChina Co. because its parent does business in Sudan.

Chairman Warren Buffett said today at Berkshire’s annual meeting in Omaha, Nebraska, that 811,479 votes were cast against the resolution and 15,245 for it.

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Posted by on May 5, 2007 in Bookmarks, Divestment, genocide, rape


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