Inside Long Term Capital
Risk of Ruin
00:00
LTCM - What Happened to the Fund?
The fund was up against the usual problems that you see in crises, like the total disappearance of buyers. But what started as a flight to quality eventually turned into a crisis that was specifically about LTCM. The other firms with similar positions could see these guys teetering and rush to get out of the way.
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Transcript
