Easy Money for Hedge Funds is Over!

The $8 Billion dollar Amaranth Hedge Fund reported this morning that they have had huge losses in the natural gas market. The fund was up about 22% coming into September but becasue of natural gas trading losses they are now down year to date 35%-in a matter of a few days.

If you’ve had a sneaking suspesion that the hedge funds were causing big swings in the price of natural gas, oil, etc…you now have definitive proof!

Steve Mertz
Big Bet on Natural Gas Gone Bad!

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One Response to “Easy Money for Hedge Funds is Over!”

  1. W.C. Varones says:

    That’s what happens when you give leverage to assholes.

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