Amaranth Advisors LLC
Auteur : Bret Breslin, Justin Farivari, Rob Michalak, Carson Rasmussen, James S. O'Rourke
Date de publication : 2007
Éditeur : SAGE Publications Limited
Nombre de pages : Non disponible
Résumé du livre
On September 22, 2006, Nicholas Maounis, founder of Amaranth Advisors LLC, reported to investors that his hedge fund had lost approximately 65% of its value (about $6.0 billion of $9.2 billion) since the end of August 2006. His hope was that, despite these losses, he would be able to convince his investors to stay the course and not divest; if they divested, then Amaranth would join the annals of hedge fund history as the largest financial meltdown ever. Looking beyond the local travail of Amaranth to the potential global disruption of the world financial system, how would the situation play out in the long term?