Credit derivatives - famously described as "financial weapons of mass destruction" by Warren Buffett - came back to bite his Berkshire Hathaway investment conglomerate as its profits slumped 77 percent in the third quarter.
Credit derivatives - famously described as "financial weapons of mass destruction" by Warren Buffett - came back to bite his Berkshire Hathaway investment conglomerate as its profits slumped 77 percent in the third quarter.