Coca-Cola's (NYSE: KO ) recent controversial compensation plan for its executives could cost shareholders billions over the next four years, and Warren Buffett's Berkshire Hathaway (NYSE: BRK-A ) (NYSE: BRK-B ) is the company's largest shareholder. Buffett himself has expressed his lack of agreement with the plan, but when it came time for a vote, he and Berkshire stayed silent, and abstained.
In the following video segment from the show Where the Money Is, Motley Fool financial analysts Matt Koppenheffer and David Hanson look at Berkshire's relationship with Coca-Cola, and whether or not Buffett is deserving of some criticism for the move. Matt admits that he is disappointed not to see Buffett take a more critical stance. However, Matt understands that because Coca-Cola is one of Berkshire Hathaway's largest holdings, any fight with Coca-Cola indirectly impacts his shareholders at Berkshire.
Warren Buffett just bought nearly 9 million shares of this company
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