As LTCM started to have major losses, it compounded its problems by doing what?

Posted by: Pdfprep Category: 8004 Tags: , ,

As LTCM started to have major losses, it compounded its problems by doing what?
A . Trying to borrow more money from major money centre banks
B . Issuing Subordinated Debt
C . Returning capital to the general partners before others
D . Unwinding its’ more liquid trades thereby creating more liquidity risk overall

Answer: D

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