Posted by & filed under Industry Analysis, Management Issues.

Description: Warren Buffett’s right hand man, Charlie Munger, says banks are behaving better, but it’s important to charge some individuals with crimes to really change the culture.

Source: CNN.com – video report

Date: May 06, 2014

Link: http://money.cnn.com/video/news/2014/05/06/n-charlie-munger-bank-prosecution-criminal-charges-financial-crisis.cnnmoney/index.html

Questions for Discussions:

  • What does Charlie Munger have to say about controlling questionable behavior of top corporate executives?
  • Do you agree with his suggestion to prosecute some executives as a means to control wrongdoing?

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