Montserrat italic have been destroyed by pyroclastic flows since the 1997 eruption. Others have been evacuated or destroyed since 1995. Montserrat Montserrat () is a Caribbean island in the Leeward Islands, which is part of the chain known as the Lesser Antilles, in the West Indies. It is a British Overseas Territory (BOT). Montserrat measures approximately in length and in width, with approximately of coastline. Montserrat is nicknamed "The Emerald Isle of the Caribbean" both for its resemblance to coastal Ireland and for the Irish ancestry of many of its inhabitants. On 18 July 1995, the previously dormant Soufrière Hills volcano,
Long-Term Capital Management The fear was that there would be a chain reaction as the company liquidated its securities to cover its debt, leading to a drop in prices, which would force other companies to liquidate their own debt in a vicious cycle. The total losses were found to be $4.6 billion. The losses in the major investment categories were (ordered by magnitude): Long-Term Capital was audited by Price Waterhouse LLP. After the bailout by the other investors, the panic abated, and the positions formerly held by LTCM were eventually liquidated at a small profit to the rescuers. Although termed a bailout, the