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 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