ccp style reforms

Berkshire Hathaway Vice Chairman Charlie Munger listens to a question during an interview in Omaha, Neb. (AP Photo/Nati Harnik, File)

Charles Munger: U.S. needs to be more like CCP

Charles Munger, Vice Chairman of Warren Buffet’s Berkshire Hathaway, has voiced his opinion that the U.S. needs to act more like the Chinese Communist Party when it comes to banking. The 97-year-old billionaire claimed in an interview on Wednesday, American free enterprise led to mass suffering from the 2008 crash.