Before the GFC There was LTCM . . .
We Forget That the Financial Crisis Had a Trial Run The collapse of hedge fund Long-Term Capital Management had the same ingredients: lots of leverage, huge risk and a surplus of a.....»»
BofA: It Feels Just Like Before LTCM And The 1998 Asia Crisis
In recent weeks, Bank of America's strategists have turned decidedly gloomy on the market and t.....»»
Before the GFC There was LTCM . . .
We Forget That the Financial Crisis Had a Trial Run The collapse of hedge fund Long-Term Capital Management had the same ingredients: lots of leverage, huge risk and a surplus of a.....»»
The Next LTCM? $8 Billion Hedge Fund Is Using 10x Leverage
According to some, America's bailout culture started long before the 2008 global financial crisis, with Wall Street's bailout of Long-Term Capital Management, an iconic hedge.....»»