They are both defunct they each used an excessive amount of leverage; their blow ups were public, closely watched, and spectacular.
But what might be most unusual is a strange similarity between the two of them. The bets that blew up LTCM eventually paid off a few months after the debacle. It was the leverage, not the directional bets, that killed them.
I wonder: Might something similar occur with MFG? Had they not used used leverage, would their European bets soon begun to have paid off . . . ?
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.