Timestamped
Venezuala and Lebanon.
Who da hell buys Lebanon bonds.
LTCM failed and the partners ended up with nothing. The bailout was for the broader economy, not LTCM.Its the reversion to the mean strategy famously employed by LTCM, but I guess Greenspan isn't around to bail these guys out like he did for Meriwether & his cronies at LTCM.
Timestamped
Venezuala and Lebanon.
Who da hell buys Lebanon bonds.