Derivatives http://archives.econ.utah.edu/archives/a-list/2009w06/msg00016.htm
by Warren E Buffett, Chairman and CEO >From the Chairman's Letter of the 2002 Annual Report of Berkshire Hathaway Incorporated. "Charlie" is Mr Buffet's partner, Charles T Munger, Vice Chairman of Berkshire. Charlie and I are of one mind in how we feel about derivatives and the trading activities that go with them: We view them as time bombs, both for the parties that deal in them and the economic system. _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
