AsianInvestor The collapse of Amaranth what are your thoughts
Alexa Lam It is a recipe that repeats itself every few years a young, aggressive trader with one-way bets. Having said that, this is in some ways a refreshing case. After LTCM collapsed everyone worried that the next similar incident would suck in the worldÆs financial markets. Amaranth was a bigger failure but there was no Wall Street consternation and no ripple effect. It makes me think that a major hedge-fund collapse need not...
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