Hi there, I need to do a one-page essay about Long-Term Capital Management (LTCM) that was founded in 1994 by John Meriwether, Myron Scholes, Robert C. Merton. Simply explain what it was, but mainly focus on how was it during its downturn. Explain the outcomes of its downturn.
Important Requirements
– The assignment is only limited to one-page only.
– Plagiarism free. Please mainly focus on original statements, rather than referring from sources. It has to be based more on writer’s understanding of LTCM.
– U.S. writing style, Double-spaced with one-inch margins. Use a serif font; Times New Roman, 12-point. MLA citations. Correct use of italics.
– Include a bibliography (in MLA style) at the back of this document to list these documents.