Results tagged “Natural Gas” from Dealbreaker
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Jail Time 'n Joke Time
Posted in Brian Hunter, NYMEX, Apr 08, 2008, 1:19pm
Posted by Bess Levin
Steven J. Karavellas, a former director of the New York Mercantile Exchange, pleaded guilty this afternoon to commodities fraud and tampering with evidence. For his role in illegal trading in natural-gas markets between September 2002 and May 2003, in a...
How Bad Did Saracen Get Crushed By Natural Gas Swings?
Posted in Hedge Funds, Mar 03, 2008, 4:11pm
Posted by John Carney
More than two weeks ago we mentioned that wild swings in the price of natural gas futures were crushing a Houston-based hedge fund. That fund turned out to be Saracen Energy. The fund supposedly took a short position in March...
Saracen Gets Crushed As March-April Natural Gas Spread Widen
Posted in Hedge Funds, Feb 15, 2008, 12:17pm
Posted by John Carney
Remember that Houston-based energy fund we told you about yesterday? The one found itself on the wrong side of a natural gas futures trade? This morning the wires have named the fund as Saracen Energy, which matches what DealBreaker was...
