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Derivatives

October 26, 2008 4:53 PM

07/23/95: Steve Kroft investigates what stock derivatives are and the dangers they pose to investors.

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by daweesa-2009 October 7, 2008 9:59 PM EDT
This is stunningly prescient. I kept checking the date to see that it was 3 years before Long Term Capital Management and 13 years before derivatives came so close to actually bringing down the whole banking system....
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by ronmwanga October 7, 2008 7:35 PM EDT
Could you repeat this on a future episode of 60 Minutes? It was a masterful piece in hindsight.
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