Montserrat Volcano Observatory Montserrat Volcano Observatory The Montserrat Volcano Observatory (MVO) is a volcano observatory which is located on the Caribbean island of Montserrat, where the Soufrière Hills volcano (SHV) has been actively erupting since 1995. The MVO staff describe their activities as working to reduce the impact of volcanic activity by monitoring, researching, educating, and advising. The MVO building is situated in the village of Flemmings, in the parish of St. Peter, in the northern part of the island. The volcanologists monitoring and researching the volcanic activities on Montserrat came under immense political pressure to provide suitable advice after the first outbreak.
Long-Term Capital Management September, LTCM's equity tumbled from $2.3 billion at the start of the month to just $400 million by September 25. With liabilities still over $100 billion, this translated to an effective leverage ratio of more than 250-to-1. Long-Term Capital Management did business with nearly every important person on Wall Street. Indeed, much of LTCM's capital was composed of funds from the same financial professionals with whom it traded. As LTCM teetered, Wall Street feared that Long-Term's failure could cause a chain reaction in numerous markets, causing catastrophic losses throughout the financial system. After LTCM failed to raise more money on