The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Wyätt Gwyön who wrote (60028)	8/15/2006 9:09:05 PM
From: ChanceIs	of 306849

OK. Per Wikipedia: Long-Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether (the former vice-chairman and head of Bond trading at Salomon Brothers). On its board of directors were Myron Scholes and Robert Carhart Merton, who shared the 1997 Nobel Memorial Prize in Economics[1]. Initially amazingly successful, it folded in 1998, losing $4.6 billion in less than four months. en.wikipedia.org

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