Thursday, September 21, 2006

I've been saying it for awhile now

posted by The Vidiot @ 7:44 AM Permalink

Hedge funds and derivatives are risky business. Just ask these guys.
Excerpt: Amaranth made around $1bn on the surging energy prices last year but lost more than $3bn in the recent downturn, the New York Times reported.
That's three billion with a B.

Perhaps had they donated to more republicans, they might have been forewarned about energy prices being manipulated before the election.

0 Comments:

Post a Comment

<< Home