Recent News
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." |
| Exxon Gets Slammed for Acting Like a Tobacco Company |
| Written by David Neubert | |||
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Exxon (XOM) gets slammed in a report by the Union of Concerned Scientists for disinformation campaign knowledge. See Reuters Article In Exxon's response they admit, "While there is more to learn on climate science, what is clear today is that greenhouse gas emissions are one of the factors that contribute to climate change, and that the use of fossil fuels is a major source of these emissions. "
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