Gee, Amaranth had no idea what could happen with this guy, huh?Quote from Trader5287:
One of the articles someone put up at the start had some stuff on this guy's past. This guy feels like trouble....
...In December 2003, just as his group was close to ending the year up $76 million, he claimed in the suit, things went awry. In a single week, they had losses of $51.2 million, he said in the suit. He blamed "an unprecedented and unforeseeable run-up in gas prices" along with "well-documented and widely known problems with" Deutsche Bank's electronic-trade-monitoring and risk-management software, which he said hurt traders' ability to extricate themselves from bad trades. Deutsche Bank denied its systems were to blame....
No way he'd EVER lose money like that again. No way...
