The Story Behind Wall Street’s Largest Hedge Fund Disaster
Monday, June 03, 2013
Securities analyst turned investigative reporter Barbara Dreyfus tells the story of Brian Hunter, John Arnold, Amaranth Advisors, and the largest hedge fund collapse in history. At its peak, hedge fund Amaranth Advisors LLC had more than $9 billion in assets. A few weeks later, it completely collapsed. Her book Hedge Hogs: The Cowboy Traders Behind Wall Street’s Largest Hedge Fund Disaster charts the paths of two traders who dominated the speculative energy market, and traces the rise of the hedge fund industry.