Sentences with phrase «russian debt default»

In September, Greenwich, Conn. - based Long Term Capital Management, a large hedge fund with a major position in the CMBS market, defaulted on the heels of the Russian debt default.

It included the Asian crisis, the Russian debt default and the collapse of LTCM, large falls and large rises in oil prices.

Not exact matches

It may now be forced to default on its debt to international lenders if not bailed out by the Russian government.

In 1998 you had a rolling crisis of sorts where lots of little problems (emerging market debt scares) eventually boiled over into one bigger problem (the Russian default) and then appeared to be rolling over into foreign markets with the LTCM debacle.

Witness the Latin American debt crisis that peaked in the early 1980s, the Asian contagion of 1997, the Russian default of 1998, the Argentine economic crisis of 1999 — 2002.

It is also important to note that the above decades include not only the major bear markets of 2000 - 02 and 2007 - 08, but also many numerous short - term corrections like the Russian default / LTCM crisis of 1998, the «flash crash» in May 2010, and the U.S. debt downgrade in August 2011.

As another example, the previously successful hedge fund, Long Term Capital Management (LTCM), was driven into the ground in 1998 as a result of the ripple effect caused by the Russian government's debt default, something the company's computer models could not have predicted.

«Russian markets stopped trading for a second day after emergency funding measures by the government failed to halt the biggest stock rout since the country's debt default and currency devaluation a decade ago.

In 1998, Tepper bought a bunch of Russian debt on the assumption that the Russian government wouldn't default.