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 of a large loss, like the payouts from selling an out-of-the-money naked call option. After the bailout, Long-Term Capital Management continued operations. In the year following the bailout, it earned 10%. By early 2000, the fund had been liquidated, and the consortium of banks that financed the bailout had been paid back, but the collapse was devastating for many involved. Mullins, once considered a possible successor to Alan Greenspan, saw his future with the Fed dashed. The theories of Merton and Scholes took a public beating. In its annual reports, Merrill Lynch observed that mathematical risk models "may provide a