Jabez Balfour the memorial plaques at Croydon University Hospital (formerly Mayday Hospital). Croydon Road and Tamworth Road in Arthur's Hill, Newcastle upon Tyne, were built using funds invested in the Liberator Building Society and named in tribute to Balfour. Jabez Balfour Jabez Spencer Balfour (4 September 1843 – 23 February 1916) was an English businessman, British Liberal Party politician and fraudster. Balfour was born in Marylebone, London to James and Clara Lucas Balfour. He was Member of Parliament for Tamworth from 1880 to 1885, and for Burnley from 1889 to 1893. Balfour was also interested in local politics in his home town
When Genius Failed When Genius Failed When Genius Failed: The Rise and Fall of Long-Term Capital Management is a book by Roger Lowenstein published by Random House on October 9, 2000. The book puts forth an unauthorized account of the creation, early success, abrupt collapse, and rushed bailout of Long-Term Capital Management (LTCM). LTCM was a tightly-held American hedge fund founded in 1993 which commanded more than $100 billion in assets at its height, then collapsed abruptly in August/September 1998. Prompted by deep concerns about LTCM's thousands of derivative contracts, in order to avoid a panic by banks and investors worldwide, the Federal