Music for Montserrat Perkins, this was his last major live performance; he died just over four months later on 19 January 1998. Music for Montserrat Music For Montserrat was a benefit concert held on 15 September 1997 at the Royal Albert Hall. Musicians came together to raise funds for the Caribbean island of Montserrat after a major volcanic eruption by the Soufrière Hills volcano earlier that year left the island, including its capital of Plymouth, devastated. The concert starred musicians such as Phil Collins, Ray Cooper, Carl Perkins, Jimmy Buffett, Mark Knopfler, Sting, Elton John, Eric Clapton, Paul McCartney, Midge Ure, Arrow and
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