Buffett: Do not panic about U.S. banking industry
Buffett said some banks have "mismanaged" their assets and liabilities, and that banks' board of directors should ensure there are consequences when top executives make mistakes that hurt shareholders.People "do not need to be panicked" about the banking industry and "shouldn't be worried about deposits they have in an American bank," though that message has recently gotten "confused" and "mixed up," Buffett said
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