Warren Buffet addresses allegations that his mobile-home firm, which earned record profits last year, charges minority customers more than whites.
Warren Buffett discloses the mobile-home company he controls made record profits last year while foreclosing on more than 8,000 customers.
Citing a recent investigation by BuzzFeed News, The Seattle Times, and the Center for Public Integrity, the state's governor and lawmakers look for ways to protect people buying mobile homes.
Top Democrats on the House Financial Services Committee say BuzzFeed News/Seattle Times investigation reveals a "disturbing business model" at Buffett's Clayton Homes.
Clayton Homes declined to comment for an article that said it targets racial minorities and charges them extra, but the company has since issued a lengthy statement.