The Failure of Long-Term Capital Management
Posted by ludw1086 on Oct 1, 1998 in Media | Comments Off on The Failure of Long-Term Capital ManagementOctober 8, 1998. Dr. Ludwig Chincarini, Bank for International Settlements. Dr. Chincarini presents to a large group of central bankers the details of the recent collapse of LTCM and uses a simple model to explain why it might have happened.