3 ms·
That’s incorrect. I quote, “ Technically, the Fed didn't bail out LTCM. It used no federal funds. It merely brokered a better deal than the one Buffett offered
by MR4D 7y ago
That’s incorrect.
I quote, “ Technically, the Fed didn't bail out LTCM. It used no federal funds. It merely brokered a better deal than the one Buffett offered.”
From https://www.thebalance.com/long-term-capital-crisis-3306240 https://www.thebalance.com/long-term-capital-crisis-3306240