Thursday, July 09, 2009

Another LTCM Founder Hedge Fund Implodes

Title link here.

We appreciate LTCM on here. Not for their ability but for their stupidity. It provided a foundation to highlight the recursive unwinding that was about to take place in the financial sector and the global economy as we wrote of back in 2007's post on The Game.
posted by TimingLogic at 3:10 PM