Wall Street Wonderland

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Tuesday, October 31, 2006

Is Brian Hunter b-a-a-a-c-k in business?

You gotta be kidding. Some people have zilch for short term memory, but isn't it a little soon? Brian Hunter, the Amaranth trader at the center of the big $6 billion natural gas loser trade that caused the implosion of the fund, is said to be exploring whether to get back in business. He's apparently put out feelers with Wall Street contacts to see if there's any appetite for backing him.

If he does end up in the game again, whoever is brave enough to roll the dice might want to consider keeping him on a very short leash – not to mention teaching the dude to heel.

His decision on whether to start a new energy fund could depend on the outcome of regulatory inquiries and litigation over Amaranth's collapse....

An executive recruiter in contact with Mr. Hunter says he has offered to help introduce the once-highflying trader to investors. The recruiter sees opportunities for Mr. Hunter to make a fresh start with high-net-worth investors, possibly in Russia and the Middle East.

http://wallstfolly.typepad.com/wallstfolly/2006/10/amaranths_brian_1.html#more

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