With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly. ✨ Hearing Regarding Ben Bernanke's Nomination to Be Chairman of the Board of Goverrnors of the Federal Reserve. U.S. Senate Committee on Banking, Housing and Urban Affairs, www.washingtonpost.com. November 15, 2005.

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