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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (19034)9/17/2000 11:28:19 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Hubris, revisited. Another story on the LTCM alumni 2 years after the famous melt, this time a "where are the now" feature. Sort of an MTV "Behind the Music" for finance...

nytimes.com

Favorite line:

Gregory Hawkins and James McEntee, two other Long-Term Capital partners, are raising money for a new hedge fund and say they expect to start with at least $100 million. Robert C. Merton, a Nobel laureate and the most celebrated of Long- Term's resident geniuses, remains at Harvard, where he teaches finance. Mr. Merton also consults for J. P. Morgan on risk management, an academic specialty in which he now has valuable field experience.

ROTFLMAO! Perfect!
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