4 ms·
Yup. The LTCM meltdown in 1998 was caused by options, if I remember right. Back then the Wall Street banks bailed out LTCM to avoid a global crisis of nightmare
by Rod 18y ago
Yup. The LTCM meltdown in 1998 was caused by options, if I remember right. Back then the Wall Street banks bailed out LTCM to avoid a global crisis of nightmare proportions.
- ConradHex 18y agoAnd lots of lessons were learned, and taken to heart? (cough)