Wesco Financial Corporation

Wesco Financial Corporation

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Wesco Financial Corporation was an American diversified financial corporation headquartered in Pasadena, California. Wesco was originally the holding company for Mutual Savings, a savings and loan association. Mutual Savings' thrift operations were sold to CenFed Bank in 1993. It was for a long time 80.1% owned by Blue Chip Stamps, which has become completely and fully owned by Berkshire Hathaway, which is controlled by legendary investor Warren Buffett.
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Warren Buffett on ownership of Wesco Financials and their transaction with Mutual Savings and Loan
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