James_Dixon on Nostr: > 50x - that's an automatic bankruptcy if things go wrong, surely? Long-Term Capital ...
> 50x - that's an automatic bankruptcy if things go wrong, surely?
Long-Term Capital Management was unavailable for comment.
"A report prepared by the President’s Working Group on Financial Markets on the LTCM episode observed that at the beginning of 1998 (before LTCM began to experience losses), LTCM had a balance sheet leverage of more than 25-to-1"
Published at
2024-03-20 22:27:05Event JSON
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