Pope Goes Off on CDS Market, Calls Derivatives Ticking Time Bomb
Pope Francis, speaks during the welcoming ceremony at The National Palace in Mexico City, Mexico. (Photographer: Susana Gonzalez/Bloomberg)

Pope Goes Off on CDS Market, Calls Derivatives Ticking Time Bomb

(Bloomberg) -- Warren Buffett once called them “financial weapons of mass destruction.” Now Pope Francis, of all people, is taking aim at derivatives.
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