1. Could the bailout by the Federal Reserve in 1998 and subsequent closing of the fund in 2000 be seen as a precursor of the 2008 Bear Sterns bailout, Lehman Brothers failure, credit crisis and subsequent bank bailout?
1. Please do some outside research on the LTCM failure. How were Henry Paulson, Jon Corzine, & Warren Buffet involved in the failure? Do you think that the involvement of Mr. Paulson had an impact on his actions as Treasury Secretary in 2008?