But ten years ago the Fed helped organise the rescue of Long-Term Capital Management, a hedge fund (although no public money was involved).

但是十年前，联储帮助组织了对“长期资本管理”的援救，这是一个对冲基金，没有公众资金的介入。

youdao

After Russia's default and the collapse of Long-Term Capital Management, a hedge fund, the Fed cut rates by a quarter point.

当俄国破产，并使对冲基金，长期资金管理公司倒闭时，联储会仅降息0.25%。

youdao

Long-term Capital Management was a big hedge fund that failed in 1998 and got bailed out by the Fed.

长期资本管理公司，是一个1998年失败了的对冲基金8，并且被美联储保释了。

youdao

Long-term Capital Management was a big hedge fund that failed in 1998 and got bailed out by the Fed.

长期资本管理公司,是一个1998年失败了的对冲基金8,并且被美联储保释了。

耶鲁公开课 - 金融市场课程节选

Ten years ago this month, the New York Fed orchestrated the orderly unwinding of hedge fund Long-Term Capital Management, which foundered on exposures to Russian government bonds.

FORBES: Reported Merrill deal talks--just the latest surprise.

But ten years ago the Fed helped organise the rescue of Long-Term Capital Management, a hedge fund (although no public money was involved).

ECONOMIST: The credit crunch

By November 2007, when the narrative ends, it was already clear to Mr Morris that this crisis was much more serious than the last big crunch, the 1998 Russian debt default and the bail-out of Long-Term Capital Management, an American hedge fund, by a group of banks under the Fed's direction.

ECONOMIST: The credit crunch