At worst, the bank itself—or, more likely, a second-tier rival or a hedge fund—might fall into the kind of dramatic spiral that killed off Long-Term Capital Management (LTCM), a hedge fund, in the late 1990s.
At worst, the bank itself—or, more likely, a second-tier rival or a hedge fund—might fall into the kind of dramatic spiral that killed off Long-Term Capital Management (LTCM), a hedge fund, in the late 1990s.
在最糟糕的情形下，银行本身——或者，更有可能，第二梯队的竞争对手或者对冲基金——可能坠入戏剧性的螺旋，它曾终结那家长期资本管理公司（LTCM），一个对冲基金，在1990年代晚期。