Some Lessons on the Rescue of Long-Term Capital Management
Federal Reserve Bank of Cleveland Policy Discussion Paper No. 19
14 Pages Posted: 21 May 2007
Date Written: April 2007
This paper reviews the restructuring and recapitalization of Long-Term Capital Management, looking at possible alternatives and paying particular attention the Federal Reserve's role.
Keywords: Hedge Funds, Financial Crises
JEL Classification: G18, G24, E58
Suggested Citation: Suggested Citation