Sokol’s NetJets Goes From Red To Black
Credit: William Garvey/AW&ST
Berkshire Hathaway boss Warren Buffett wanted to stanch the flow of red ink at NetJets in a hurry (the fractional ownership business jet operator lost $711 million in 2009 before taxes) and tapped David Sokol, a no-nonsense Mr. Fix-It. Sokol, who was chairman of Berkshire subsidiary MidAmerican...
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