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Reader comment on: Conrad Black on Warren Buffett

Submitted by Lyle (United States), Aug 19, 2011 08:15

I am reading Maury Klein's first volume on the Union Pacific, and that company was more than anything else a magnet for lawyers. Everyone in the company sued everyone else, (between the Railroad and Credit Moblier). The suits seemed to drag on for years with no resolution. So the legal system was as bad back then (130-140 years ago) as it is today with eternal law suits more designed to pay lawyers than resolve actual disputes. Once again a case of no problems are ever resolved. Much of the politicial arguements today are really at their basis the same arguement as that between Hamilton and Jefferson/Madison in 1790.

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