Book Review: Failure Is Not Always Fatal.

Mondaq Business BriefingNbr. 2002, June 2002

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When Genius Failed: The Rise and Fall of Long-Term Capital Management

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Book Review: Failure Is Not Always Fatal.

When Genius Failed: The Rise and Fall of Long-Term Capital Management by: Roger Lowenstein

Reviewed by Mark J. Kosminskas, an attorney with Vedder, Price, Kaufman & Kammholz as first appeared in The Journal of Corporate Renewal, December 2001.

It was a financial dream team, the equivalent of the 1992 U.S. Olympic basketball team of Michael Jordan, Scottie Pippen, Larry Bird, Karl Malone and Magic Johnson. Long-Term Capital Management (LTCM) boasted a team of some of the world's brightest and most powerful minds in financial theory ...

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