87 Crash
topic on 1 show · 1 statements across 1 episodes
1 statements about 87 Crash, every show
Brosens: Taconic targets single-digit losses in crashes via monthly stress tests
“The philosophy of the firm from the inception has been to, in a big dislocation, keep losses to single digits, and we literally have a stress test that goes through the equivalent of an 87 crash and assure ourselves every month by going name by name, portfolio…”