Politics & Regulation

LTCM, Maverick, MIT hedge fund vets chosen for U.S. financial stability committee

by

Robert Merton, Steve Galbraith and Andrew Lo to advise the new Office of Financial Research.

 
   
 
Clockwise: Robert Merton, Steve Galbraith and Andrew Lo (Photo: Bloomberg, Alpha, MIT)
 
One is known for the most spectacular blow up in hedge fund history. Another helped guide one of the best known firms to some big gains--and