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Horizon: The Midas Formula

on BBC Two England

This film tells the extraordinary story of the Black Scholes mathematical formula, which seemed able to remove the risk from playing the money markets. The scientists who discovered it joined forces with dealers on Wall Street to form LTCM, the super-company that traded billions. But when it all went badly wrong, LTCM collapsed and almost brought down the entire global economy.
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Website: [web address removed]

Contributors

Producer:
Malcolm Clark
Series Editor:
Bettina Lemer

BBC Two England

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