South Soufriere Hills South Soufriere Hills South Soufriere Hills is a 35 ha patch of forest on the island of Montserrat, a British Overseas Territory in the Leeward Islands of the Caribbean Sea. It forms one of the territory’s Important Bird Areas (IBAs). The IBA comprises the largest remnant of Montserrat’s native forest in the Soufrière Hills, in the exclusion zone. It has survived the volcanic eruptions and pyroclastic flows that have devastated and depopulated the southern half of the island since the late 1990s. It lies only about 1.5 km south of 915 m Chances Peak, the highest point of the island
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