• 01 Apr 2008 at 12:40 PM

Brian Hunter Knows What We’re Talking About

By Bess Levin

Susan Estes, a former Countrywide executive, is starting her own hedge fund and is, as hedge fund managers are wont to do, trolling for money. One thing though, she’d rather you ixnay on the ountrywidecay association, and not think of her when you think of His Orangeness. Says Estes, “I was hired by Countrywide to set up the company’s non-mortgage trading businesses, so my focus was not on anything that’s been in the press.” It sure would be nice if we could all just write off various and sundry unpleasant episodes in our lives, wouldn’t it? I know six months from now, when I’m trying to get a job working with children, I’d love to pretend I’ve never heard of DealBreaker.com or one John F. Carney. But I’m a realist and I know that some stains just won’t come out. Nonetheless, I believe in second chances, and want to support my gal Sue and hereby offer to invest all of my liquid assets (20 bucks) in her fund.
Related: Amaranth Alums: Where Are They Now?
Ex-Countrywide Exec. Preps Global Macro Hedge Fund [FINalternatives]

Comments (11)

  1. 1
    Posted by NomadTrader | April 1, 2008 at 1:01 PM

    Count me in too BL. Where can I send the $5.98 postal money order? [I would have sent my entire net worth, but the other $14.02 I lost trading Natural Gas futures.]

  2. 2
    Posted by guest | April 1, 2008 at 1:13 PM

    Natural gas traders are the best in the industry. Just ask one of us.

  3. 3
    Posted by guest | April 1, 2008 at 1:24 PM

    and she went to Redlands
    maybe being blonde will help pull in a couple of bucks

  4. 4
    Posted by I am a Dude | April 1, 2008 at 1:35 PM

    If I may be so bold as to ask, why would countrywide set up a non-mortgage trading business? to compete with Enron?

  5. 5
    Posted by BSD | April 1, 2008 at 1:36 PM

    I hope this is an April Fool’s joke. Muffie’s fund has more potential than this.

  6. 6
    Posted by guest | April 1, 2008 at 1:42 PM

    Countrywide capital markets was expanding to be a primary dealer and trading many other fixed income securities as well.
    Part of the consideration was there was a large part of the customer base who would rather do their mortgage business (esp overseas) with a UBS or a Goldman or some company that it trades numerous other products with.

  7. 7
    Posted by guest | April 1, 2008 at 1:49 PM

    Countrywide is a Primary Dealer

  8. 8
    Posted by guest | April 1, 2008 at 2:06 PM

    Compelling opportunity – Lots o’ luck

  9. 9
    Posted by guest | April 1, 2008 at 2:35 PM

    Praytell what stains you have from Carney that won’t come out.

  10. 10
    Posted by guest | April 1, 2008 at 2:54 PM

    very funny Bess
    out stain , out

  11. 11
    Posted by guest | April 1, 2008 at 4:11 PM

    so come on, who’s going to post the Offering Memo/Marketing Materials Solango Stylie……..

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