W. H. Bramble Airport W. H. Bramble Airport W.H. Bramble Airport, also known as Blackburne Airport, was a small international airport on the east coast of the island of Montserrat, a British Overseas Territory in the Caribbean. It was named after Montserrat Chief Minister William Henry Bramble. The airport was destroyed in 1997 by an eruption of the nearby Soufriere Hills volcano, which obliterated much of the southern part of the island. For several years after the disaster, Montserrat was only accessible by helicopters or boats, until July 2005, when the new Gerald's Airport (now John A. Osborne Airport) was completed at the north
Long-Term Capital Management September, LTCM's equity tumbled from $2.3 billion at the start of the month to just $400 million by September 25. With liabilities still over $100 billion, this translated to an effective leverage ratio of more than 250-to-1. Long-Term Capital Management did business with nearly every important person on Wall Street. Indeed, much of LTCM's capital was composed of funds from the same financial professionals with whom it traded. As LTCM teetered, Wall Street feared that Long-Term's failure could cause a chain reaction in numerous markets, causing catastrophic losses throughout the financial system. After LTCM failed to raise more money on