Brian Hunter has done a great job of vanishing from the public eye since the collapse of Amaranth. Despite ongoing litigation with regulators, Hunter has more or less managed to keep his name out of the headlines. But this week Fortune's Bethany McLean tracks him down, and he agrees to talk to Fortune to explain that "he doesn't think that what has happened to him is exactly fair."
McLean knows this turf very well, having extensively reported on natural gas trading activities of a little company called Enron. It's easy to understand why Hunter would have looked at her as someone who might understand his trading beyond the standard approach accusing him of losing $6 billion. (Also, she's beautiful and charming, so that probably helped her get Hunter to talk too.) Unfortunately, the story McLean does get is pretty thin, unadorned by many details about what exactly Hunter thinks is unfair about his reputation. (Although she does a great job of describing the "Keystone Kops" at the FERC and the CFTC who are pursuing Hunter on different market manipulation charges.)
We're told by a person familiar with the matter that Hunter despises Nick Maounis, the founder of Amaranth. Hunter privately argues that the collapse of Amaranth was more the fault of Maounis than his own energy trades. As evidence of this, he points to fact that Citadel was able to turn a profit on those trades. Judging from McLean's article, however, Hunter isn't quite ready to go public with these thoughts.
Entertainingly, Fortune didn't manage to get a photograph of Hunter. As far as we can tell, no one in media has his picture. (Our picture is merely an artistic "representation" of Brian Hunter and some guy holding him in both hands.)
The man who lost $6 billion [Fortune]
Posted by guest , Jul 09, 2008 9:00AM
Carney, how long have you been hitting that? Bethany's smitten, can't go more than a paragraph without mentioning dealbreaker.
Posted by guest , Jul 09, 2008 9:31AM
From the photo, sShe has no twins.
Posted by guest , Jul 09, 2008 9:34AM
Beautiful?! You've got to have better standards. She's not a beast but she's no Liz Claman.
Posted by Lowly Assistant , Jul 09, 2008 9:45AM
You've got to be kidding me! Liz Claman looks like a wildebeest! Bethany is far more attractive, and carries a strong Irish name. I still don't get the Claman obsession around here. She looks post-op.
Posted by guest , Jul 09, 2008 9:51AM
I'm sick of looking at that asshole's picture on DB every few weeks. Why doesn't someone just kill the fucking thief, and then a photo of his mangled corpse can be used to discourage others who are tempted to follow in Hunter's footsteps.
Posted by CNote , Jul 09, 2008 9:52AM
At least Claman isn't a damn Ginger.
Neither of them are Trish Regan or Erin Burnett though...
Posted by guest , Jul 09, 2008 9:54AM
Speaking of our Canadian brethren, how did you guys miss the news on layoffs at BMO and CIBC? Get your act together!!!
http://canadianpress.google.com/article/ALeqM5jLUD_Z_64GIcUCLvqY84AwJ5MJBw
Posted by guest , Jul 09, 2008 9:57AM
Yeah, lets take it easy with the gorgeous statements. Now Trish Regan on the other hand....
Posted by guest , Jul 09, 2008 9:59AM
Trish Regan. Are you out of your mind?
Posted by guest , Jul 09, 2008 10:01AM
Barbara Bush on the other hand...
Posted by guest , Jul 09, 2008 10:13AM
Liz and Trish are an interesting pair...both with a very nice pair. Trish apparantly bathes in bronzer, while Liz wears her easily sunburnt, fair skin with pride.
A better question is, which one would be more fun to make into the Angry Pirate?
-BeckyBootFan
Posted by guest , Jul 09, 2008 10:13AM
More importanly, why does CNBC doesn't get a better looking asian gal? Not that difficult to pull out IMHO.
Posted by Finnegan , Jul 09, 2008 10:43AM
Bethany has a clean, fresh, Irish Spring
looking head... I can see the attraction.
Posted by FUNdamental , Jul 09, 2008 11:22AM
I'll be casting my vote for the quick/jarvis ticket.
Anyone WB likes that much is good enough for me.
Posted by guest , Jul 09, 2008 11:24AM
Barbara Bush..??!!
Barbara Bush has to merge with Liz Claman to survive!!!...
Posted by guest , Jul 09, 2008 11:47AM
seriously, the far east is under-represented in on CNBC US. Let's get some flavor on the screen to entice me to tune in more often. Melissa Lee? Nice try...
Posted by guest , Jul 30, 2008 6:08PM
Calgary getting more boring than usual...
Thought...
Clareville desert
By Emiliya Mychasuk and Emiko Terazono
Published: July 30 2008 03:00 | Last updated: July 30 2008 03:00
The offices of Clareville Capital are looking increasingly like founder David Yarrow 's book of photographs of the world's most desolate places.
Yesterday Mr Yarrow took on Angus Donaldson , a former head of UK equity sales at Dresdner Kleinwort whose own hedge fund shut down in March, to help him pick stocks. But Mr Donaldson is joining a stripped-down version of Clareville, an 11-year-old hedge fund that features Lord Marland as chairman. Ex-Formula One team manager Eddie Jordan and Carphone Warehouse founders David Ross and Charles Dunstone are non-executive directors.
Out went its emerging markets fund last year, bought by management with the backing of Sir John Bond , whose son helps run the renamed Kudu. Out went several staff. Out went the India fund last month, shut down after weak demand in a tough market. And yesterday out went Roy Hay , operating officer, who has moved on.
Mr Yarrow says the focus now is on its £61m Pegasus fund and its leveraged sibling, which have had trouble getting off the ground. Pegasus made little last year and was flat this year after giving up all its profits this month.
"It is incredibly frustrating, but it has happened to just about everybody," he said. "There are very few areas to hide in the market. Sooner or later there's going to be money to be made so you have just got to hang around and make sure you are in the game."
Very..what
Lord who? Eddie who? which garage does he run? Reader, is there something that even your comatose parent could understand about all this?
-And above all, why do the people who fire the boilers of this biz in London get, as usual, no credit..the hookers?
people@ft.com
Posted by guest , Aug 06, 2008 2:13PM
Noble Asset London...losers lose loser.???
Posted by guest , Aug 09, 2008 6:53PM
Time's up
Let's start with Julian Barrowcliffe at Anglian Fund, funded by Spanish Proxima Alfa. Performance = shit vs risk no thx losers..get the fuck out.We have much better Russian, Chinese etc etc traders than you. Get the fuck out.
Posted by guest , Aug 12, 2008 11:28AM
Clarville...
features Lord Marland as chairman. Ex-Formula One team manager Eddie Jordan and Carphone Warehouse founders David Ross and Charles Dunstone are non-executive directors.
Out went its emerging markets fund last year, bought by management with the backing of Sir John Bond , whose son
....
Is there still such a thing as the sensible investment community? Not if everyone want s to be invited to Annabel's(squire?) once a year to drink "champers" with leathery pros..I think
Posted by guest , Aug 12, 2008 11:28AM
Clarville...
features Lord Marland as chairman. Ex-Formula One team manager Eddie Jordan and Carphone Warehouse founders David Ross and Charles Dunstone are non-executive directors.
Out went its emerging markets fund last year, bought by management with the backing of Sir John Bond , whose son
....
Is there still such a thing as the sensible investment community? Not if everyone want s to be invited to Annabel's(squire?) once a year to drink "champers" with leathery pros..I think
Posted by guest , Aug 26, 2008 5:22PM
Marland, ain't vat a fish?
Posted by guest , Sep 03, 2008 6:35PM
Check the lists, he's going to jail
Posted by guest , Feb 17, 2009 6:27PM
Think we should send the article to the Prison workers of NJ who lost their pension because of this creep - can you say bubba is my bitch