:eek: http://dealbreaker.com/2011/04/bria...llion-for-manipulating-gas-prices/#more-40246 If his previous ante-blow up bonuses at Amaranth cover this sum, I guess it is just fair in the end he has to give it back. To former investors would have been better than to government but whatever...
Investors who are smart and qualified are better off getting involved a % of a Physical Well. 100% tax write off against income first year well is drilled. 15 cents on the dollar tax free for all profits. If it's a good well, will pump 30 to 50 years. Break even in about a year or two, the rest is pure cash flow. There is risk in dealing with DPPs. To limit the risk, you find the right team with a solid track recorded of production. It's the only smart way to invest as you own a % of a true WELL and it's findings. Your checks will very with the market price but all in all, you'll fair far better than holding futures....for 30 years plus no "ROLL OVER".
When a big fish wants to throw his weight around he'll throw it around. I like it when administrative bodies call them out like this. It is the way it should be.
FERC and the CFTC are fighting over a bone, meanwhile back at the ranch the doghouse went missing....
In other words, an averaging down strategy, when performing it only at the end of certain months , could be Illegal???