- How the derivatives clearing requirements of the Dodd Frank Act may impact the derivatives market and your clients and handling regulatory uncertainty - How to keep up with fast-paced regulatory ...
Mention derivatives and most people think of Nick Leeson, highly risky financial investments and City 'wide boys' making lots of money. But, insurance, farmers and complex mathematical formulas are as ...
WARREN BUFFETT has called them WMDs. In the hands of a rogue trader they can cause the collapse of large companies, some accuse them of contributing to bear markets, others of increasing risk rather ...
Berkshire Hathaway’s chairman, Warren Buffett, has described derivatives as “time bombs” and “financial weapons of mass destruction.” Charlie Munger, Berkshire’s vice chairman, labeled the accounting ...
I view derivatives as time bombs, both for the parties that deal in them and the economic system.Basically these instruments call for money to change hands at some future date, with the amount to ...