Chipalkatti, Niranjan; Datar, Vinay - In: Journal of Financial Regulation and Compliance 14 (2006) May, pp. 174-184
Purpose – Previous studies have established that the failure of the hedge fund, long-term capital management (LTCM), was associated with significant negative abnormal returns for many US banks, especially around September 2, 1998, when LTCM announced its failure. This study attempts to examine...