Warren Buffett's Views on Banks, Bitcoin, and CEOs

Billionaire investor Warren Buffett has called for CEOs, presidents, and directors of failed banks to be held accountable for their actions by giving back their pensions and salaries. He believes that there should be consequences for those who make bad decisions, rather than penalizing shareholders with fines. Buffett's ideal system would force CEOs to live like production line workers and give back their pensions if they "screw up," while directors should return five years' worth of their salaries if they lead a bank to its demise. Although he admits it's unlikely his idea will come to fruition, he believes it's necessary to deter similar behavior in the future.