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>> WARREN BUFFETT Latest News

JUL 02, 2013 - Newsmax

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NYT: Derivatives Are 'Weapons of Mass Deception'

While Warren Buffett has called derivatives "weapons of mass destruction," they should be called "weapons of mass deception" since they are often used to evade taxes, circumvent accounting rules and deceive clients, New York Times columnist Floyd Norris writes.

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