Hot Reads: Buffett: CEOs, Directors Should Suffer When Their Banks Get into Trouble

Buffett: Bosses Should Face ‘Punishment’ (The Guardian) 

The billionaire investor believes “CEOS and directors should suffer” when banks they run get into trouble. 

Bank Buyers Expect Sweeteners as Government Sets New Bar (Reuters) 

The purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle in which troubled lenders need to fail before buyers will step up, industry sources say. 

Berkshire Die-Hards Flock to Omaha as Market Volatility Reigns (Advisor Perspectives) 

The company’s legendary stock picking has been more muted, paring investments instead of piling into new ones. 

New ETF Platform Aims at Institutions and Hedge Funds (Financial Times) 

Tema ETFs to focus on risk-management-optimized active vehicles and helping hedge funds create ETFs. 

Bullard: Fed Can Still Achieve Soft Landing (Financial Advisor) 

The Federal Reserve Bank of St. Louis president said policymakers must likely push rates higher to cool inflation. 

How Sam Bankman-Fried Peddled a Story Everyone Wanted to Believe (Institutional Investor) 

Axios’ Brady Dale explores “what we think we know” about Sam Bankman-Fried, FTX and the crypto industry. 

Some Things the Fed Doesn’t Control (A Wealth of Common Sense) 

The Fed has been no match for one of the strongest labor markets we’ve ever seen. 

What to Do With Rising Rates in Fixed Income (Parametric Portfolio) 

Why following the Fed’s lead has historically delivered strong performance for bond investors.