Brian Hunter Crying Foul

From today’s WSJ:

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.
Mr. Hunter said Solengo Capital Advisors has been pushed to “the brink of complete disintegration” by a probe by the Federal Energy Regulatory Commission and resulting civil charges against him and his previous employer, Amaranth. The statement was made in documents filed late last week in the federal District of Columbia court as part of a suit against FERC that Mr. Hunter filed in late July.

I wonder if the fact that he lost $6 billion in one week is hurting him as well.

Posted by on August 8th, 2007 at 10:29 am


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