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BRIEF-Charlie Munger urges regulators to ease up on Wells Fargo, praises Amazon-Berkshire-JPMorgan health care efforts

Feb 14 (Reuters) - Charlie munger says it is time for regulators to "let up" on wells fargo -- Munger comments on wells fargo at annual meeting of daily journal corp, which he chairs Munger says wells fargo had improper incentive systems and was too slow to address bad news, but will end up "better off" for having made mistakes Munger says u.s. Health care system is "out of control on the cost side" Munger says health care system leads to behavior that is not just "regrettable," but "evil" Munge
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