Thursday, July 26, 2007

Amaranth: Hunter Planning Career in Stand Up Comedy

From the National Post:

...Mr. Hunter sought a temporary restraining order on Monday to block the U.S. Federal Energy Regulatory Commission (FERC) from taking legal action against him,af ter the agency notified him on Friday it was preparing to file civil charges. The regulator has been investigating Amaranth’s collapse and is due to make an announcement related to the investigation today.

Mr. Hunter’s filing in the federal district court in Washington says
if FERC proceeds with its “unlawful action,” it will hurt his reputation, damage Solengo’s ability to raise funds and possibly prevent Solengo from registering as an investment advisor in Alberta,or register certain Solengo-managed funds in the Cayman Islands