< HOME  Saturday, November 12, 2005

Tell Dubya to send in the troops, we found the WMD!!!

"The derivatives genie is now well out of the bottle, and these instruments will almost certainly multiply in variety and number until some event makes their toxicity clear....[They] are financial WEAPONS OF MASS DESTRUCTION, carrying dangers that, while now latent, are potentially lethal. -- Warren Buffett, Chairman and Chief Executive, from his Letter to Shareholders, 2002 Berkshire Hathaway annual report"

Another quote from The Coming Disaster in the Derivatives Market. See the first quote here.

And, this guy has more money than the U.S. Treasury, and they have the PRINTING PRESS! When he says something like this, you know something big's about to give!


Post a Comment

<< Home