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 on more traditional investment vehicles, such as mutual funds, as established by the Investment Company Act of 1940—funds which accepted stakes from 100 or fewer individuals with more than $1 million in net worth each were exempt from most of the regulations that bound other investment companies. In late 1993, Meriwether approached several "high-net-worth individuals" in an effort to secure start-up capital for Long-Term Capital Management. With the help of Merrill Lynch, LTCM secured hundreds of millions of dollars from business owners, celebrities and even private university endowments and later the Italian central bank. The bulk of the money, however,