South Soufriere Hills South Soufriere Hills South Soufriere Hills is a 35 ha patch of forest on the island of Montserrat, a British Overseas Territory in the Leeward Islands of the Caribbean Sea. It forms one of the territory’s Important Bird Areas (IBAs). The IBA comprises the largest remnant of Montserrat’s native forest in the Soufrière Hills, in the exclusion zone. It has survived the volcanic eruptions and pyroclastic flows that have devastated and depopulated the southern half of the island since the late 1990s. It lies only about 1.5 km south of 915 m Chances Peak, the highest point of the island
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