Exact(9)
He said he had not unleashed "exotic weapons of financial mass destruction".
These derivatives are "weapons of financial mass destruction," in the prophetic words of Warren E. Buffett.
I read technical books, talked to countless experts, and soon learned that these were, in Warren Buffett's famous phrase, weapons of financial mass destruction.
More important still, he was instrumental, along with Greenspan and Rubin, in blocking efforts to regulate derivatives, the "weapons of financial mass destruction" whose explosion brought the Western financial system to the brink of collapse.
Derivatives are the exotic instruments that Warren Buffett warned were "weapons of financial mass destruction".
Time for the grown-ups to step in and take the weapons of financial mass destruction away from the party-hearty crowd.
Similar(51)
Its disappointing financial results, mass layoffs and declining user experience show things aren't well for the little blue bird.
Our diplomatic and economic institutions are ill suited to tackling the diffuse threats posed by climate change, financial contagion, mass epidemics and catastrophic terrorism.
Warren Buffett's warning in 2003 that derivatives were "financial weapons of mass destruction" was politely ignored.
Last year, Warren Buffett, America's most famous investor, called them "financial weapons of mass destruction".
Mr. Buffett once described derivatives as "financial weapons of mass destruction".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com