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Tuesday, February 17, 2015 12:21:27 PM
Could it be the Black Swan event they suffered?
INVESTOPEDIA EXPLAINS 'BLACK SWAN'
Black swan events are typically random and unexpected. For example, the previously successful hedge fund Long Term Capital Management (LTCM) was driven into the ground as a result of the ripple effect caused by the Russian government's debt default. The Russian government's default represents a black swan event because none of LTCM's computer models could have predicted this event and its subsequent effects.
http://www.investopedia.com/terms/b/blackswan.asp
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