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For fans of When Genius Failed and Too Big to Fail, a blistering account of the biggest hedge fund collapse in history.
At its peak, the hedge fund Amaranth LLC was valued at more than $9 billion. A mere three weeks later, it had all but collapsed, due to the risky trading of a 32yearold energy trader named Brian Hunter. In Hedge Hogs, veteran Wall Street analyst Barbara Dreyfuss tells the story of the largest hedge fund collapse in history, through the dual narratives of rival "quants": Hunter, whose everincreasing appetite for risk would be his downfall, and his major competitor, John Arnold, who would emerge as the highestpaid trader on Wall Street. A riveting, flyonthewall narrative in the tradition of When Genius Failed, Hedge Hogs offers a window into the shadowy world of hedge fundsthe unregulated, hidden, and mostly wild side of Wall Streetand provides an overview of the last 30 years of financial history.
MICROCOSM OF WALL STREET: Amaranth Securities embodies the speculative casino of Wall Street and hedge funds, a fascinating glimpse into the parties, perks, cars, clothes and lifestyle of traders. Emblematic of Wall Street as a whole, the book offers an inside look for those with little knowledge of Wall Street.
COLORFUL CAST OF CHARACTERS: Dreyfuss captures a genuinely charismatic set of risk takers amid the culture that enabled them.
NEWSWORTHY: With hedge funds and the gas industry in the news again, public interest has reignited. ISBN - 9781400068395
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Pages : 332
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