Wednesday, September 20, 2006
Deja vu all over again? Hedge Fund Shifts to Salvage Mode - New York Times
As Yogi Berra would say "Deja vu all over again." Amaranth's troubles may be more serious than previously thought. Indeed, they have the potential of being the next Long Term Capital Management.Hedge Fund Shifts to Salvage Mode - New York Times: "Last night, as it had been since the weekend, Amaranth was locked in negotiations...in an effort to sell its energy portfolio to try to keep the fund
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