Volcano (Jimmy Buffett song) Volcano (Jimmy Buffett song) "Volcano" is a song performed by American popular music singer-songwriter Jimmy Buffett. It was written by Jimmy Buffett, Keith Sykes, and Harry Dailey and released as a single (b/w "Stranded on a Sandbar") on MCA 41161 in November 1979. It was first released on his 1979 album "Volcano". It reached #66 on the "Billboard" Hot 100 and #43 on the Easy Listening chart. This song was originally a minor hit. The song and album are named for the then-dormant Soufrière Hills volcano on the island of Montserrat in the British West Indies where Buffett recorded the
Long-Term Capital Management on more traditional investment vehicles, such as mutual funds, as established by the Investment Company Act of 1940—funds which accepted stakes from 100 or fewer individuals with more than $1 million in net worth each were exempt from most of the regulations that bound other investment companies. In late 1993, Meriwether approached several "high-net-worth individuals" in an effort to secure start-up capital for Long-Term Capital Management. With the help of Merrill Lynch, LTCM secured hundreds of millions of dollars from business owners, celebrities and even private university endowments and later the Italian central bank. The bulk of the money, however,