Scouting and Guiding in Montserrat affiliated Scout associations. Montserrat Scouts participate in numerous camps and events. Since the evacuation of much of the island, owing to an eruption of the previously dormant Soufriere Hills volcano that began on July 18, 1995, information from the area is difficult to obtain. Girlguiding Montserrat (formerly "Montserrat Girl Guide Association") is a Guiding organization in Montserrat. It is one of the nine branch associations of Girlguiding UK. It is represented by Girlguiding UK at World Association of Girl Guides and Girl Scouts (WAGGGS) level and Girlguiding UK's Chief Guide is also Chief Guide for Girlguiding Montserrat. Girlguiding Montserrat is
Long-Term Capital Management of Union Bank of Switzerland resigned as a result of a $780 million loss incurred from the short put option on LTCM, which had become very significantly in the money due to its collapse. 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