The Other Final well as the fact that the low level of facilities in the country had prevented the team attempting to qualify for the FIFA World Cup. Montserrat had also suffered their own significant misfortunes, when the Soufrière Hills erupted causing widespread devastation to the island. Seismic activity had occurred in 1897–1898, 1933–1937, and again in 1966–1967, but the eruption that began on 18 July 1995 was the first since the 16th century in Montserrat. When pyroclastic flows and mudflows began occurring regularly, the capital, Plymouth, was evacuated, and a few weeks later a pyroclastic flow covered the city in several metres
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