Application Quote by Alan Greenspan

With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to…

— Ben Bernanke

What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those…

— Alan Greenspan

We have institutions that have been allowed to become too big to fail because we had all kinds of flaws in our financial infrastructure,…

— Henry Paulson

In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.

— Warren Buffett

What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including…

— Paul Singer

It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade. The worst have…

— Alan Greenspan

People far too often associate derivatives markets with mere speculation, but there are very legitimate businesses that need derivatives to protect themselves against risk.

— Fred Ehrsam

“Derivatives - The risk never leaves the system - It finds taker who believes the risk is acceptable....until they lose everything.”

— Ziad K. Abdelnour

From the 1990s onward, the financial sector created a vast array of instruments designed to separate investors from their money, financial derivatives of an…

— John L. Casti

By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.

— Alan Greenspan

In an ideal world, one populated by vegetarians and Esperanto speakers, derivatives would be used for one thing only: reducing levels of risk. The…

— John Lanchester

Limiting the destructive risk-taking by large financial firms and banks which are 'too big to fail' is needed.

— Sharan Burrow