The Dream Portfolio of American Long-term Capital Management Company
The head of LTCM is Meriwehter, who is known as the father of Wall Street debt arbitrage. He gathered a group of elite Wall Street securities traders: robert merton and Myron Scholes, 1997 Nobel Prize winners in economics, who were awarded the title for the option pricing formula; David Muhlis, former Deputy Minister of Finance and Vice Chairman of the Federal Reserve; Rosenfeld, former head of bond trading at salomon brothers Company. This elite team has gathered professional superstars, public relations stars and academic giants, which can really be called a dream combination.