Did another hedge fund blow up??

http://www.marketwatch.com/News/Sto...FA84C9}&source=blq/yhoo&dist=yhoo&siteid=yhoo

"Rumors of a major U.S. hedge fund collapse appear to be behind the dollar's latest dip," said Brian Dolan, director of research at Forex.com, a division of Gain Capital. Dolan said the speculation centers on Citadel Investment Group, which was not immediately available for comment"

 

bump

 

dollar is just going down because it must. Just another story to let you believe the dollar is just experiencing a dip...which you should buy.
Just short the dollar

 

Wow, if it were Citadel, that would really be something. Kinda doubt that, though. They're freakin' huge...

 

I think it was Citadel who took over Amaranths portfolio....

 

Didn't they buy the Amaranth positions? Hmm.. I wonder which of their funds caused the blow up?

-Neo

 

I thought Centaurus was going to take over Amaranth's book. Have not heard for sure though... Well, going early weekend so I'm gone. Hope your week was a nice as mine.

 

I know JP Morgan was in the bidding for a good chunk of it... but it was the energy portfolio that caused people worry. This sounds like it was some fund with significant currency exposure?

//didn't rtfa

 

did you add this yourself? it wasn't on the link you offered.

 

Ken's all business and knows that at 15bb aum the $ isn't in the return, it's in the management of volatility and achieving respectable alpha...not blowing the doors off all the competition.

...any more rumors?