LTCM lost $4.6B in 1998 on equity of $4.7B and $124.5B borrowed; received a $3.6B bailout to ensure it could liquidate its positions in an orderly fashion
-
-
Seems unlikely here. I doubt a large institution would be wrapped up in naked shorts like this. Probably isolated to a few hedge funds a little too desperate for yield.
-
Not the shorts, the other positions that have to be liquidated. For example, they closed out a big position in Alibaba already.
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.