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To: Wyätt Gwyön who wrote (60028)8/15/2006 9:09:05 PM
From: ChanceIsRespond to 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



To: Wyätt Gwyön who wrote (60028)8/15/2006 10:56:08 PM
From: Broken_ClockRespond to of 306849
 
delete