Caribbean Disaster Emergency Management Agency passage of Hurricane Ivan. During the mid-1990s, the sudden eruption by the Soufriere Hills volcano in Montserrat also caused the CDEMA to spring into action, to provide additional support to the people on the island. The Caribbean Disaster Emergency Response Agency (CDEMA) also regularly monitors the Soufriere Hills volcano, in addition to the active undersea volcano named Kick 'em Jenny to the north of Grenada. Members of the Regional Security System have requested military and logistical assistance through that agreement after natural disasters as well. Towards the end of the twentieth century, severe weather had been increasing, especially in 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,