Skip to main content

Lapse in Appropriations

Please note that a lapse in appropriations has caused GAO to shut down its operations. Therefore, GAO will not be able to publish reports or otherwise update this website until GAO resumes operations. In addition, the vast majority of GAO personnel are not permitted to work. Consequently, calls or emails to agency personnel may not be returned until GAO resumes operations. For details on how the bid protest process will be handled during the shutdown, please see the legal decisions page. For information related to the GAO Personnel Appeals Board (PAB), please see the PAB webpage.

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

GGD-00-67R Published: Feb 23, 2000. Publicly Released: Mar 24, 2000.
Jump To:
Skip to Highlights

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

Media Inquiries

Sarah Kaczmarek
Managing Director
Office of Public Affairs

Public Inquiries

Topics

Brokerage industryCapitalFinancial analysisFinancial institutionsInteragency relationsRegulatory agenciesRisk managementSecuritiesSecurities regulationHedge funds