The Hindu - Business Line, 30 Nov 2008
"Derivatives have been the villain in the Great Global Meltdown of 2008. Everyone is all praise for Warren Buffet’s ominous statement that “Derivatives are financial weapons of mass destruction.”
Whether derivatives by themselves caused the trouble or whether it was the deadly cocktail of greedy bankers and ignorant customers that spelt the death knell is a point to ponder."
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