Quote from DATTrader:
Hey Prae I am looking for some form of written narrative on that exact situation (a trader or manager blowing up via Yen based trades) any ideas if you have seen an article or such that you remember and can link me to? Thanks.
I remember seeing it in the wsj and nyt. I had a friend who was a hedgie at the time (50m aum or so) who had the same trade on also and got smoked. Every day he'd bitch about soros this, robertson that. It seemed like a massive conspiracy to blow him up.