My gf’s cousin joined Amaranth two weeks before they blew up.
to their defense, no one in the company except the head and Hunter knew anything of what was going on. Hunter was controlling an enormous portion of the book, and even the risk analysts didn’t know. There was a lot of shadiness going on in there.
Charlie Winkler (COO) knew. I spoke to him four days before the blowup and he was acting really shady and said “we’re down a bit this month but we’ll make it back.” I thought that was an odd thing to say especially when he wouldn’t define what “a bit” meant.
I hope you weren’t invested with them.
Nah, I got better risk-adjusted returns with Madoff.