Radio Antilles Radio Antilles Radio Antilles was a radio station operated by the Antilles Radio Corporation which began broadcasting in 1963. It was located on the Caribbean island of Montserrat. The broadcast studios were located in the capital city of Plymouth, with the transmission site at O'Garro's on the southern slopes of the Soufriere Hills volcano near Morris. Deutsche Welle became a shareholder in 1972 and added some low-power shortwave transmitters at the O'Garro's site which came into service in 1978. Radio Antilles' transmitter site was badly damaged by Hurricane Hugo, rebuilt in 1992, and then shut down and abandoned at the
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