Corporate America Will Miss Munger-As-Mencken: Alice Schroeder
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July 15 (Bloomberg) -- Charles T. Munger, vice chairman ofBerkshire Hathaway, has been Warren Buffett’s sidekick since1959. While Buffett made a name for himself as a statesmanlikecritic of inept auditors, see-no-evil regulators, fee-gougingmoney managers and greedy CEOs, Munger gradually emerged fromBuffett’s shadow to tongue-lash those same targets mercilessly.
Munger, 87, delighted in ripping open the disappointingrealities of economic life to reveal them as he saw them. No onebut he would say, as he did recently, that if he ran theEuropean Union he would never have let in Greece, a country fullof people who “are raising hell about having an adult life”and who feel that “having a job ruins eight hours a day.”