I said "at latest"..I meant "at earliest....." LTCM NY Fed orchestrated bailout (admittedly by Banks, not the taxpayer, but did NIL to discourage bad behavior)
When Genius Failed: The Rise and Fall of Long-Term Capital ManagementPaperback – October 9, 2001
by Roger Lowenstein
Two Nobelists in LTCM...founders of Options Pricing....which was neither Long Term,. nor "Managed" (well).
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- What, if anything, are people buying today in this 2 day selloff?
What, if anything, are people buying today in this 2 day selloff?, page-203
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