Montserrat national football team competition in the next stage, losing 0–20 on aggregate over two legs against Saint Vincent and the Grenadines. Soon afterwards, the Soufriere Hills volcano became active and the eruptions destroyed Plymouth, the capital of Montserrat, severely disrupting all football on the island. Despite the lack of football action, the MFA became a full FIFA member in 1996. However, it was a further three years until the Montserrat team played another international fixture. This was mostly because many of the island's footballers had emigrated away from the area, many of them to England. After a four-year hiatus, the team entered the
Long-Term Capital Management The fear was that there would be a chain reaction as the company liquidated its securities to cover its debt, leading to a drop in prices, which would force other companies to liquidate their own debt in a vicious cycle. The total losses were found to be $4.6 billion. The losses in the major investment categories were (ordered by magnitude): Long-Term Capital was audited by Price Waterhouse LLP. After the bailout by the other investors, the panic abated, and the positions formerly held by LTCM were eventually liquidated at a small profit to the rescuers. Although termed a bailout, the