I would simply call them 'cash-deprived' or 'asset poor'. who knew that the fed's targeting of assets was specifically aimed against them!?!?!?!?! That story however is still being written... its a "War and Peace" type tome, however.
You cant disagree, it looke'd a decent long spec. For mine, it still is, but i only look at eod. Burn that midnight oil, folks.
ahh shucks, JP Morgan was there to catch a falling knife, what a bunch of good guys......hedge funds that get nuked are bad press for the rest of them...everyone please remain seated...there is no cause for alarm SAN FRANCISCO (MarketWatch) -- Amaranth Advisors LLC told investors on Wednesday that it has sold its entire energy-trading portfolio after losing more than $3 billion earlier this month in the natural-gas market. Amaranth didn't say who bought the portfolio, but a source familiar with the situation said J.P. Morgan Chase (JPM :and Citadel Investment Group, a big, Chicago-based hedge fund firm run by Ken Griffin, have acquired the positions.