American University of the Caribbean of Education has determined that the commission’s accreditation standards are comparable to those applicable to U.S. medical schools. Founded by American educator Dr. Paul Tien in 1978, the main campus of the American University of the Caribbean was originally located on the island of Montserrat, but was forced to move to its present location in Sint Maarten after the eruption of the previously dormant Soufriere Hills volcano. While a medical campus was being constructed on Montserrat, AUC started conducting classes under its Montserrat charter in a rented space on the campus of the College of Mount St. Joseph in Cincinnati,
Long-Term Capital Management Myron S. Scholes and Robert C. Merton. Other principals included Eric Rosenfeld, Greg Hawkins, William Krasker, Dick Leahy, James McEntee, Robert Shustak, and David W. Mullins Jr. The company consisted of Long-Term Capital Management (LTCM), a company incorporated in Delaware but based in Greenwich, Connecticut. LTCM managed trades in Long-Term Capital Portfolio LP, a partnership registered in the Cayman Islands. The fund's operation was designed to have extremely low overhead; trades were conducted through a partnership with Bear Stearns and client relations were handled by Merrill Lynch. Meriwether chose to start a hedge fund to avoid the financial regulation imposed