'They Were Like Gods' Kepos Capital's Mark Carhart recalls the fraught atmosphere of 1998, when the seemingly infallible Long Term Capital Management blew up spectacularly – and nearly took down global capital markets. Related Articles Why Isn’t CAPM Being Retired? Julie Segal The Problem With Academic Studies: They’re Impossible to Implement. Julie Segal Why Bitcoin's Relationship with Equities Has Changed Sponsored by CME Group