Another Energy Fund Failing?


We’re hearing that a Houston-based an energy fund which took a short position in March 2009 gas futures and long April 2009 gas futures is getting crush. The spread on that trade has been widening all week. Energy traders are abuzz with talk of one fund getting crushed, ironically by taking the exactly opposite of one of Brian Hunter’s infamous trades. He was long March and short April when he dragged Amaranth down.


HedgeFund Tombstone

Hedge Funds Having Another Pity Party

DJ D-SOL can’t lift the mood at the Milken Global Conference.


Paul Singer Ready, Willing, Maybe Able To Pull Plug On Warren Buffett’s $9 Billion Energy Deal

After what the Oracle said about activists, Paul Singer’s not inclined to give him a discounted 87th birthday gift.