Wednesday, August 8, 2007

Amaranth and Hunter at the WSJ Online Journal

Classical Gasbag, wah, wah, wah.

From the Online Journal:

Brian Hunter, whose bad bets triggered the collapse of hedge fund Amaranth Advisors LLC, says a federal investigation into his possible involvement in an alleged multibillion-dollar manipulation of the natural-gas markets is hurting the start-up of his new fund venture.

I'm guessing the $4.6 to 7 Billion dollar loss would slow subscriptions to his proposed fund.

I had a link to his pleadings against (was it FERC and the CFTC?) the regulators, I'll see if I can find it. In the meantime ponder why GE and Warren Buffet have been nibbling at different parts of the natural gas business.
Update: Here's "Amaranth: Hunter Planning Career in Stand-up Comedy"