Joe Higgins (Dublin West, Socialist Party)
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It's a speech the Minister made, it's quite clear, the intent of it. Mr. Cowen, Warren Buffett, a billionaire who would know something about speculation and derivatives, said:

I view derivatives as time bombs, both for the parties that deal in them and the economic system. [P]arties to derivatives [also] have enormous incentives to cheat in accounting for them [...] In my view, derivatives are financial weapons of mass destruction.

Take that on the one hand, and then your encouragement of the chase of "elusive higher yield"-----