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	<title>Professor Voices &#187; David Sokol</title>
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	<description>Opinions and views by Boston University experts</description>
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		<title>New details emerge on Sokol and Lubrizol</title>
		<link>http://blogs.bu.edu/professorvoices/2011/04/13/new-details-emerge-on-sokol-and-lubrizol/</link>
		<comments>http://blogs.bu.edu/professorvoices/2011/04/13/new-details-emerge-on-sokol-and-lubrizol/#comments</comments>
		<pubDate>Wed, 13 Apr 2011 15:41:48 +0000</pubDate>
		<dc:creator>Jo Breiner</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[Center for Finance]]></category>
		<category><![CDATA[Cornelius Hurley]]></category>
		<category><![CDATA[David Sokol]]></category>
		<category><![CDATA[Law & Policy]]></category>
		<category><![CDATA[Lubrizol]]></category>
		<category><![CDATA[Moring Center for Banking and Financial Law]]></category>
		<category><![CDATA[Professor voices]]></category>

		<guid isPermaLink="false">http://blogs.bu.edu/professorvoices/?p=1220</guid>
		<description><![CDATA[Did Berkshire Hathaway know about David Sokol&#8217;s purchase of 96,000 shares of Lubrizol before Berkshire became interested in the company as a takeover bid? Law professor Cornelius Hurley is director of Boston University&#8217;s Center for Finance, Law &#38; Policy (formerly the Morin Center for Banking and Financial Law) and former counsel to the Fed Board [...]]]></description>
			<content:encoded><![CDATA[<p>Did Berkshire Hathaway know about David Sokol&#8217;s purchase of 96,000 shares of Lubrizol before Berkshire became interested in the company as a takeover bid? Law professor <a title="Cornelius Hurley" href="http://www.bu.edu/law/faculty/profiles/bios/banking/hurley.html" target="_blank">Cornelius Hurley</a> is director of Boston University&#8217;s Center for Finance, Law &amp; Policy (formerly the <a title="Morin Center for Banking and Financial Law" href="http://www.bu.edu/law/morincenter/" target="_blank">Morin Center for Banking and Financial Law</a>) and former counsel to the Fed Board of Governors. He offers his comment on the continuing controversy surrounding Sokol&#8217;s resignation from Berkshire and the <a title="details emerging" href="http://dealbook.nytimes.com/2011/04/12/disclosure-sheds-new-light-on-sokol-timeline/" target="_blank">details emerging</a> from a new regulatory filing.</p>
<p><em>&#8220;What are the chances David Sokol&#8217;s &#8216;front-running&#8217; scheme at Berkshire Hathaway reflects a pattern of past abusive behavior? I&#8217;d say they are very high and warrant a full SEC investigation.&#8221;</em></p>
<p>Contact Cornelius Hurley, 617-353-5427, <a href="mailto:ckhurley@bu.edu" target="_blank">ckhurly@bu.edu</a></p>
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