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LTCM

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AcronymDefinition
LTCMLong Term Capital Management


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? References in periodicals archive
Of its initial equity capital of nearly $1 billion, LTCM lost about 90% in less than two months.
The Fed's unduly expansionary monetary easing, first in response to the Asian, LTCM, and Russian crises, then with redoubled intensity following the September 11 attacks, created successive demand bubbles in the United States which lured Asia off course.
LTCM was a hedge fund that melted down during the interest rate gyrations set off by the Russian default, and but for effective jawboning by the New York Federal Reserve Bank, could have brought down a couple financial firms with it.
 
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