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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."

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Written by David Neubert   
An interview with David Neubert at Sprig.com, the web venture of The Washington Post and Newsweek.