Financial weapons of mass destruction

by | Nov 1, 2021 | Accounting

PART 1: (40 marks) “Derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.” Berkshire Hathaway Inc. Chairman of the Board Warren Buffet, “Letter to the Shareholders ofBerkshire Hathaway Inc.,” February...

Financial weapons of mass destruction

by | May 12, 2021 | Accounting

PART 1: (40 marks) “Derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.” Berkshire Hathaway Inc. Chairman of the Board Warren Buffet, “Letter to the Shareholders ofBerkshire Hathaway Inc.,” February...