Did another hedge fund blow up??

[TheDudeofLife]

http://www.marketwatch.com/News/Sto...FA84C9}&source=blq/yhoo&dist=yhoo&siteid=yhoo

"Rumors of a major U.S. hedge fund collapse appear to be behind the dollar's latest dip," said Brian Dolan, director of research at Forex.com, a division of Gain Capital. Dolan said the speculation centers on Citadel Investment Group, which was not immediately available for comment"

 

[JamesVU2000]

bump

 

[Alexandre]

dollar is just going down because it must. Just another story to let you believe the dollar is just experiencing a dip...which you should buy.
Just short the dollar

 

[gov]

Wow, if it were Citadel, that would really be something. Kinda doubt that, though. They're freakin' huge...

 

[TheDudeofLife]

I think it was Citadel who took over Amaranths portfolio....

 

[Neodude]

Quote from gov:

Wow, if it were Citadel, that would really be something. Kinda doubt that, though. They're freakin' huge...

Didn't they buy the Amaranth positions? Hmm.. I wonder which of their funds caused the blow up?

-Neo

 

[gov]

I thought Centaurus was going to take over Amaranth's book. Have not heard for sure though... Well, going early weekend so I'm gone. Hope your week was a nice as mine.

 

[davidlynch2000]

I know JP Morgan was in the bidding for a good chunk of it... but it was the energy portfolio that caused people worry. This sounds like it was some fund with significant currency exposure?

//didn't rtfa

 

[rosy2]

Quote from TheDudeofLife:

http://www.marketwatch.com/News/Sto...FA84C9}&source=blq/yhoo&dist=yhoo&siteid=yhoo

"Dolan said the speculation centers on Citadel Investment Group, which was not immediately available for comment"

did you add this yourself? it wasn't on the link you offered.

 

[Enfinity]

Ken's all business and knows that at 15bb aum the $ isn't in the return, it's in the management of volatility and achieving respectable alpha...not blowing the doors off all the competition.

...any more rumors?