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 a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
