Template:Disaster roll - LTCM

From The Jolly Contrarian
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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, 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.