"Don't Fight The Fed" | The Snider Series | Episode 3 (WiM093)
The "What is Money?" Show
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Long Term Capital Management
Even the name, long term capital management, they thought they had completely obtained the risk, and then they blew up. But how would anybody know otherwise? And that's kind of the point, is that they're out there doing all these things. They're not alone. Nobody's in an eye on them, not even the people themselves working in this. That's part of the issue too.
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