I recently wrote a piece for Bloggingstocks on how former employees of Amaranth – a hedge fund that melted down – had no problems finding jobs (one of the employers was actually Goldman Sachs NYSE:GS).
Well, according to the WSJ (subscription only], Amaranth's former CEO and cofounder, Nick Maounis, is thinking about starting a new fund.
It seems that prospective investors would ask about how he recently lost $6.4 billion, right? But, then again, the hedge fund world can be quite mysterious.
If he can pull it off, it would certainly be remarkable. But, hey, as seen with his investment moves at Amaranth, Maounis likes taking long shots.
Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.
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