Bank Report

How hedge fund’s crisis helped other firms profit

By Ann Davis, Gregory Zuckerman and Henny Sender

The Wall Street Journal Europe

30 Jan 2007



When Amaranth collapsed in the fall, after swiftly incurring a loss of more than $6 billion, it was the biggest hedge-fund failure ever. Now, as Amaranth investors slowly get back what is left of their money, it is becoming clear that the debacle also... read more...