[NormsRevenge]

derivatives.

[Average Al]

Perhaps he won’t be giving away squat! lol

[NormsRevenge]

Send some our way.

Billionaire investor Warren Buffett (R) and Microsoft Corporation founder Bill Gates (L) at Columbia University in New York, November 12, 2009. More than 30 U.S. billionaires pledged on Wednesday to give away at least 50 percent of their wealth to charity as part of a campaign by investor Buffett and Gates. REUTERS/Mike Segar/Files

[keithtoo]

Well, mega-lib Warren Buffett has always said he wants to have no money when he dies.

He may get his wish well before his death.

[Opinionated Blowhard]

What a shame. Couldn’t happen to a nicer POS. I wonder if he’ll now stop lecturing the rest of us about how we need to pay higher taxes.

[stockpirate]

I hope it tanks to $0.05 a share, screw that POS Obama supporter Buffet

[guitarplayer1953]

Derivatives were the only market not in the new wall street reform bill most of the money in derivatives are in off shore companies.

[silverleaf]

Looks like Warren may end up giving away half of his wealth on half of his wealth.

[truthguy]

Live by the sword, die by the sword ...

[LomanBill]

 

 

"We didn't truly know the dangers of the [DERIVATIVES] market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission [CFTC] -- who not only warned of the potential for economic meltdown in the late 1990s, but also tried to convince the country's key economic powerbrokers to take actions that could have helped avert the crisis. "They were totally opposed to it," Born says. "That puzzled me. What was it that was in this market that had to be hidden?"

http://www.pbs.org/wgbh/pages/frontline/warning/view/

 

 

Fox, paging Mr. Charlie Fox.... cleanup on aisle 7.