wareco
Registered: Aug 2003
Posts: 1259 |
09-26-07 09:57 PM
Quote from Pa(b)st Prime:
A few weeks back I started a thread based on information I received about Vic Niederhoffer blowing up his Matador Fund in the day's before July Opex. I made no claim to the accuracy of my source although it was someone with ties to Vic's operation. He had no axe to grind. Even as an alias on a message board I wouldn't ipso facto print information about someone real if I thought the charge was bogus.
The thread was a viewership success. 12,000 hits it's first day. Vic's posse, including Marketsurfer, after a dozen denials, finally admitted that Vic took a body blow. Alas the thread was deleted by Baron. In a subsequent Feedback thread Baron explained his decision.
http://www.elitetrader.com/vb/showt...threadid=102468
Today I received more information. The WSJ is working on a Vic story. Key elements: Matador has lost 93% of it's funds. Vic's clearing house forced liquidation of his position. Vic was short 15,000 Mch08 1000puts. Vic is in "hiding" somewhere in NYC.
Remember this story broke on Elite Trader!
As Deep Throat said to Woodward and Bernstein, "Follow the Money"
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