Bayou HF disaster gets more interesting

Discussion in 'Wall St. News' started by Copernicus, Sep 18, 2005.

  1. meanwhile guy lives in Mt Kisco in a mansion rented from Trump at $32,000 a month.
  2. tomcole


    So much for the theory that hedgies are the trading gods of the world
  3. a lot of them made it in the information arbitrage game few years back, including cramer :), these days much tougher
  4. ktm


    This was a ponzi from day one according to the articles I've read. So because he calls it [insert name here] capital mgmt, that makes it a hedge fund? and because the ponzi blew up that makes hedge funds bad?

    Perfectly logical.
  5. must have been a good ponzi if the guy raised 300mil.
    HFs are hedge funds like with everything else homework needs to be done.