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Long-Term Capital Management’s collapse 25 years ago started a habit hard to break the ‘Fed put.’

United statesNew yorkAnnette vissing jorgensenPaul mcculleyAlan greenspanAnna cieslakSteve kimGoldman sachsMerrill lynchFederal reserve bankFederal reserveNobel prizeFed chairman alan greenspanGreenspan fedEconomists anna cieslakLong term capital management