Volcano (Jimmy Buffett album) Volcano (Jimmy Buffett album) Volcano is the ninth studio album by American popular music singer-songwriter Jimmy Buffett and is his 11th overall. It was released in August 1979 as MCA 5102 and was his first release on that label after its absorption of ABC Dunhill. The album and its title song are named for the then dormant Soufrière Hills volcano on the island of Montserrat in the British West Indies where Buffett recorded the album in May 1979 at AIR Studios. (The studio was severely damaged by Hurricane Hugo in 1989 and Soufrière Hills erupted again in 1995.) Additional recording
Long-Term Capital Management 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 Suisse First Boston, Deutsche Bank, Goldman Sachs, JP Morgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, Paribas, Salomon Smith Barney, Société Générale, and UBS—for a $3.6 billion recapitalization (bailout) under the supervision of the Federal