Growing Use Of Derivatives Not At Threat, Greenspan Says.

Předmět:	FINANCE, GREENSPAN, Alan, 1926-, BUFFETT, Warren, 1930-, STOCKHOLDERS, CAPITAL market
Zdroj:	CongressDaily. 5/8/2003, p11. 1/2p.
Abstrakt:	The article reports that U.S.Federal Reserve Chairman Alan Greenspan said that the growing use of complex financial instruments known as derivatives does not pose a threat to the country's financial system.According to Greenspan financial market participants who purchased derivatives, including banks, had been able to spread their risks. Greenspan used his speech as a rebuttal to warnings about the use of derivatives issued by Warren Buffett in March 2003 in his annual letter to shareholders in his company.
Databáze:	Regional Business News
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