The Unsustainable Returns on Equity for the Banking Sector

Patrick Brown from Charlotte, North Carolina. He says he's watched returns and equity for the banking sector in the U.S. go up a good bit over the last few years. Mr. Munger: If anybody here is paying taxes, they want to-you know, if you'd like to shift positions with somebody in a Veterans Hospital or that,. You know, as a couple of children by age 19 and it's getting a check from the government, you know, I'm happy to be paying the taxes.