Results tagged “LTCM” from Dealbreaker

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Next Best Thing To A Free Sandwich: A Bunch of Hedge Fund Guys Get Fired

Here’s a lil’ pick me up for all you bankers thinking you’re the only ones taking it up the tailpipe-- JWM Partners, the fund started by John Meriwether after things started to go downhill at LTCM, which recently lost 24...

Third Time’s A Charm?
How Much Investor Money Can John Meriwether Lose In One Lifetime?

The investment firm run by chief John Meriwether lost 24 percent in its $1 billion fixed-income hedge fund this year through March 14, two people “with knowledge of the matter” have told Bloomberg. Meriwether, of course, was one of the...