Tag Archives: GAAP accounting

Derivatives 101: Great Financial Tool Or Sinister Financial Time Bomb?

derivatives,wall street,banks

Derivatives…Derivatives? D-E-R-I-V-A-T-I-V-E-S! Most if not everyone who reads this article has heard the term derivatives at some point in time. And when they have, it’s likely been in the context of how these financial instruments that are not typically seen and not really understood by the masses are actually fiscal time bombs that, if ever detonated, could bring […]