In 1998, the Long Te rm Capital Management Investment Tr ading Company, the richest and most prestigious firm of its kind in the world, began to lose hundreds of millions of dollars within weeks as its excessively high-risk trading positions turned against it. A consortium of financial institutions,
Risk management lessons from Long-Term Capital Management
โ Scribed by Philippe Jorion
- Book ID
- 108559624
- Publisher
- John Wiley and Sons
- Year
- 2000
- Tongue
- English
- Weight
- 616 KB
- Volume
- 6
- Category
- Article
- ISSN
- 1354-7798
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
Academics are often thought of as living in an ''ivov tower" world, somehow immune to the tensions and pressures of everyday life. But in reality, academics, like other people, must cope with the stresses inherent in living in the late twentieth century. They work in large, complex organizations, ha
be drawn between the standards and the actual results of the incident/ occurrence reporting system. Correcting substandard performance may require adjustments such as the addition of specific criteria, further follow-up on identified occurrences, or a strengthening of educational inservices regardin