Plymouth, Montserrat and Plymouth Junior Secondary School. Plymouth, Montserrat Plymouth was the capital city of the island of Montserrat, an overseas territory of the United Kingdom located in the Leeward Island chain of the Lesser Antilles, West Indies. Constructed on historical lava deposits near the then-inactive Soufriere Hills volcano, the town was evacuated when the volcano resumed erupting in 1995. Plymouth was abandoned permanently in 1997 after it was burnt and mostly buried by a series of pyroclastic flows and lahars. For centuries, it had been the only port of entry to the island. Plymouth is still the "de jure" capital city
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