The Other Final well as the fact that the low level of facilities in the country had prevented the team attempting to qualify for the FIFA World Cup. Montserrat had also suffered their own significant misfortunes, when the Soufrière Hills erupted causing widespread devastation to the island. Seismic activity had occurred in 1897–1898, 1933–1937, and again in 1966–1967, but the eruption that began on 18 July 1995 was the first since the 16th century in Montserrat. When pyroclastic flows and mudflows began occurring regularly, the capital, Plymouth, was evacuated, and a few weeks later a pyroclastic flow covered the city in several metres
Long-Term Capital Management of a large loss, like the payouts from selling an out-of-the-money naked call option. After the bailout, Long-Term Capital Management continued operations. In the year following the bailout, it earned 10%. By early 2000, the fund had been liquidated, and the consortium of banks that financed the bailout had been paid back, but the collapse was devastating for many involved. Mullins, once considered a possible successor to Alan Greenspan, saw his future with the Fed dashed. The theories of Merton and Scholes took a public beating. In its annual reports, Merrill Lynch observed that mathematical risk models "may provide a