The spectacular implosion of long term capital management in 1998 has come to symbolise the perils of excessive speculation 长期资本管理公司在1998年轰然内部崩溃,已经成为过度投机危险的象征。
This paper chooses some financial institution such as bahrain , daiwa , fund of orange county and long term capital management company that have suffered tremendous losses from performing obsa , and analyzes the cases involved in deep reason . it is very necessary to strengthen risk management and supervision of obsa , which is the conclusion obtained 本文从研究表外业务风险案例入手,选取巴林银行、大和银行、奥兰治县财政基金和长期资本管理公司等金融机构进行典型分析,归纳总结导致亏损的共性原因,用实证分析的方法突现表外业务风险管理和监管的必要性。