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By Mike Taylor 9/20/10 9:06pm

Billionaire Charity Skeptic Praises Bank Bailout

In a rant of ever-increasing craziness, Charlie Munger, the 86-year-old Berkshire Hathaway billionaire who squirms at the thought of charitable giving, says everyday Joes should be grateful for the 2008 government bank bailouts.

Bloomberg reports that Munger, speaking at the University of Michigan last week, said that people who’re suffering in the current Read More

By Mike Taylor 9/17/10 1:24pm

Charity Is For the Birds, Says Warren Buffett’s Buddy

If the world’s philanthropists really want to benefit humanity, they will bring more Costcos into the world, in the humble opinion of Costco board member and Warren Buffett business partner Charles Munger.

Speaking at a University of Michigan event this week, Munger said “I believe Costco does more for civilization than the Rockefeller Foundation,” Read More

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