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Wednesday, September 17, 2014

Trader who lost $6.6bn on natural gas bet agrees to pay $750,000

... to benefit from gas swaps held elsewhere. Hunter was the lead energy trader at Amaranth Advisors , a hedge fund in Greenwich, Conn., that at its peak held as many as 100,000 natural gas contracts in a single month, accounting for 5% of the amount of ...

http://hereisthecity.com/en-gb/2014/09/17/former-collapsed-hedge-fund-advisor-agrees-to-pay-750k-in-lawsui/

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