Sokols alleged insider trading involved stealing from Buffett. The Gen-Re execs weren’t found guilty, they plead guilty to minor counts of “fraud” after 12 year

Sokols alleged insider trading involved stealing from Buffett. The Gen-Re execs weren’t found guilty, they plead guilty to minor counts of “fraud” after 12 years of grinding prosecutions and after they won several trials. Their crime was claiming to not know that AIG was going to use a profitable insurance contract Gen Re sold it to commit fraud. Gen Re never committed any fraud itself. And Buffett was the richest man in the world well before either of these incidents.