Responses to Questions Concerning Long-Term Capital Management and Related Events

GGD-00-67R Published: Feb 23, 2000. Publicly Released: Mar 24, 2000.

Highlights

Pursuant to a congressional request, GAO provided information concerning Long-Term Capital Management (LTCM), its near failure, and its subsequent recapitalization in September 1998.

Full Report

Full Report (20 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Auditing and Financial Management

Brokerage industryCapitalFinancial analysisFinancial institutionsInteragency relationsRegulatory agenciesRisk managementSecuritiesSecurities regulationHedge funds