10 yrs later: LTCM debacle

nice article in sunday times http://www.nytimes.com/2008/09/07/business/07ltcm.html?_r=1&ref=business&oref=slogin

nice one

“JWM Partners LLC, the investment firm run by ex-Long-Term Capital Management LP chief John Meriwether, lost 24 percent in its $1 billion fixed-income hedge fund this year through March 14, according to two people with knowledge of the matter.” http://www.bloomberg.com/apps/news?pid=20601087&sid=aelEnkvIESkg&refer=home

good articles . . . good book as well

i read lowensteins book on the bubble, too. he is a good writer.