The stupendous rise and equally spectacular fall of hedge fund Long Term Capital Management in 1998 has long drawn the imaginations of finance wonks and historians. But Kerry Packer’s role in the saga is far less well known.
Though it’s received an airing of late, courtesy of the recent reflections of finance professor and Long Term Capital Management partner Eric Rosenfeld on gambling podcast Risk of Ruin.
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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
