Montserrat Volcano Observatory Montserrat Volcano Observatory The Montserrat Volcano Observatory (MVO) is a volcano observatory which is located on the Caribbean island of Montserrat, where the Soufrière Hills volcano (SHV) has been actively erupting since 1995. The MVO staff describe their activities as working to reduce the impact of volcanic activity by monitoring, researching, educating, and advising. The MVO building is situated in the village of Flemmings, in the parish of St. Peter, in the northern part of the island. The volcanologists monitoring and researching the volcanic activities on Montserrat came under immense political pressure to provide suitable advice after the first outbreak.
Long-Term Capital Management Long-Term Capital Management Long-Term Capital Management L.P. (LTCM) was a hedge fund management firm based in Greenwich, Connecticut that used absolute-return trading strategies combined with high financial leverage. The firm's master hedge fund, Long-Term Capital Portfolio L.P., collapsed in the late 1990s, leading to an agreement on September 23, 1998, among 16 financial institutions—which included Bankers Trust, Barclays, Bear Stearns, Chase Manhattan Bank, Crédit Agricole, Credit Suisse First Boston, Deutsche Bank, Goldman Sachs, JP Morgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, Paribas, Salomon Smith Barney, Société Générale, and UBS—for a $3.6 billion recapitalization (bailout) under the supervision of the Federal