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 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