Wednesday, December 6, 2006
A look at Amaranth's Brian Hunter
Sounds much like Nick Leeson at Barings back in 1995.Bloomberg.com: Canada: "Hunter, within 17 months, would be responsible for $6.6 billion in losses, detonating the biggest hedge fund implosion ever. Since Amaranth's sudden collapse, investors have questioned the unusual trust Maounis put in his star trader, now 32. They say Maounis gave Hunter too much latitude and that Hunter, trading more
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