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Warren Buffett: If a bank needs a government bailout, the CEO and spouse should lose 'net worth'

Whenever a situation like this arises "it's the shareholders who pay," says Buffett at the annual Berkshire Hathaway shareholders meeting. Buffett's comment was followed by cheers from the crowd. Buffett made his remark responding to a shareholder's question regarding the Wells Fargo scandal involving the creation of fake accounts.