Political Quotes

Paul S. Sarbanes: Warren Buffett has warned us that derivatives are time bombs, both for the parties that deal in them and the economic…

On the recordOctober 31, 2005
Warren Buffett has warned us that derivatives are time bombs, both for the parties that deal in them and the economic system.
Said by
Paul S. Sarbanes

Editor's note · Context

Sarbanes cites Buffett's warning about the risks of derivatives.

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I would very much hope the administration would listen to that.

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He reflects something that is important to us.

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