Template:Disaster roll - LTCM: Difference between revisions

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(Created page with "LTCM||1998||US||$3.6 bn bailout orchestrated by the Fed||Black-Scholes option pricing model attacked them from nowhere||Everyone out of a job, reputations — Master of th...")
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Revision as of 22:09, 29 March 2023

LTCM||1998||US||$3.6 bn bailout orchestrated by the Fed||Black-Scholes option pricing model attacked them from nowhere||Everyone out of a job, reputations — Master of the Universe-sized reputations (John Meriwether, Myron Scholes, Robert C. Merton) cut to ribbons|| No, though fourteen bank CEOs were locked in a room by the Federal Reserve for a weekend so that is something.