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Corporate America Will Miss Munger-As-Mencken: Alice Schroeder

July 15 (Bloomberg) -- Charles T. Munger, vice chairman of Berkshire Hathaway, has been Warren Buffett’s sidekick since 1959. While Buffett made a name for himself as a statesmanlike critic of inept auditors, see-no-evil regulators, fee-gouging money managers and greedy CEOs, Munger gradually emerged from Buffett’s shadow to tongue-lash those same targets mercilessly.

Munger, 87, delighted in ripping open the disappointing realities of economic life to reveal them as he saw them. No one but he would say, as he did recently, that if he ran the European Union he would never have let in Greece, a country full of people who “are raising hell about having an adult life” and who feel that “having a job ruins eight hours a day.”