long-term capital management (ltcm)

  1. Nicole Seaman

    P1.T1.607. Disasters & risk management failures: Société Générale, LTCM & Metallgesellschaft

    Questions: 607.1. In January 2008, Société Générale reported trading losses of €4.9 billion (~ $7.1 billion) that the firm attributed to fraudulent and unauthorized activity by a junior trader, Jérôme Kerviel. According to Steve Allen, each of the following is a "lesson to be learned" from the...
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