Amaranth Meltdown: DealBreaker Reader Poll Blames Nick Maounis, Brian Hunter and Canada

Posted by John Carney, Sep 22, 2006, 3:16pm

The buck is supposed to stop with guys at the top, according to more than a third of DealBreaker readers voting in our most recent Reader Poll. Thirty-seven percent of you said the blame for Amaranth’s meltdown should rest upon the shoulders of the fund’s founder, Nick Maounis. Brian Hunter, the man who ran the energy trades that landed the fund in hot water came in a distant second place, garnering just twenty-two percent of the votes, just ahead of Canada, which got twenty percent of the votes (presumably all coming from South Park fans).

After the jump, you can view the full results of the poll.











Selection 
Votes
Brian Hunter (Rogue Trader) 22%90
The Government (Should have regulations covering these guys) 2%10
Nick Maounis (Should have had proper risk management) 37%150
The Weather (What's up with no serious hurricanes this year?) 8%32
The Investors (Demanding outsized gains means taking outsized risks) 9%37
Canada (Why not?) 21%87
406 votes total

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Posted in: Amaranth, Reader Poll

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