 |
| Berkshire Hathaway's Munger Says Not Enough Executives Have Gone to Jail |
|
| Written by David Neubert | |
| Tuesday, 09 January 2007 | |
|
The Inelegant Investor Summarizes Munger's Comments to the LA Times. Munger derided compensation consultants, declaring that "I have always said that prostitution would be a step up for these people." Munger pointed out that the problem was not that CEOs were evil, but that..." envy-driven compensation mania... brings out the absolute worst in good people."
Disclosures and Confessions: I own Berkshire Hathaway. (BRK.A ) I sometimes eat at Dairy Queen which is owned by Berkshire Hathaway. Disclaimer: Nothing in this blog is meant to be specific financial advice or a recommendation to buy or sell. I do not give investment advice. Do your own research. Do not rely on anything in this weblog to make investment decisions. I do not log all my trades here. I only describe or mention those that I think might be interesting. Consult an investment professional familiar with your specific financial situation before buying or selling any security.BRK.A 
Corporate Accountability 
Comments
(0)
Tag it:           | |
| Last Updated ( Tuesday, 27 March 2007 ) | |
| < Prev | Next > |
|---|
| Company Profiles |
| Individual Profiles |
| Movie Reviews |
| Culture-Celebrity |
| Opinions |
| Staff Recommendations |
| Resources |
 ThePanelist Latest Postings Alternative Energy Christian Investing Climate Women Neubert's Trades Social Culture Technology |
 |
Subscribe to this comment's feed