Discover the explosive story behind Long-Term Capital Management (LTCM), the hedge fund started by Wall Street legends and Nobel laureates that nearly brought down the global economy.
From bond arbitrage brilliance to risky ventures in equities and emerging markets, witness LTCM’s transformation from Wall Street darling to financial pariah. Learn how they created the perfect economic storm that required a $3.65 billion Federal Reserve bailout.
Chapter overview:
0:00 – The Hedge Fund That Almost Broke the Global Economy
1:46 – Birth of LTCM: Becoming Wall Street’s Golden Child
7:31- LTCM’s Meteoric Rise: A Saga of Profits & Secrecy
13:22 – The Perfect Storm Begins
15:45 – The $1 Trillion Domino Effect: LTCM’s Collapse
20:16 – Legacy of the LTCM Disaster