Amaranth Advisors LLC : anatomy of a hedge fund meltdown / Bret Breslin, Justin Farivari, Rob Michalak, Carson Rasmussen, James S. O'Rourke.
On September 22, 2006, Nicholas Maounis, founder of Amaranth Advisors LLC, reported to investors that his hedge fund had lost approximately 65% of its value (about $6.0 billion of $9.2 billion) since the end of August 2006. His hope was that, despite these losses, he would be able to convince his in...
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| Main Authors: | , , , , |
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| Format: | Ebook |
| Language: | English |
| Published: |
London :
SAGE Publications Ltd,
2017.
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| Series: | SAGE Knowledge. Cases.
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| Subjects: | |
| Online Access: | SAGE |
| Summary: | On September 22, 2006, Nicholas Maounis, founder of Amaranth Advisors LLC, reported to investors that his hedge fund had lost approximately 65% of its value (about $6.0 billion of $9.2 billion) since the end of August 2006. His hope was that, despite these losses, he would be able to convince his investors to stay the course and not divest; if they divested, then Amaranth would join the annals of hedge fund history as the largest financial meltdown ever. Looking beyond the local travail of Amaranth to the potential global disruption of the world financial system, how would the situation play out in the long term? |
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| Item Description: | Originally published in Breslin, B., Farivari, J., Michalak, R., Rasmussen, C., & ORourke, J. S. (2007). Amaranth Advisors LLC: Anatomy of a hedge fund meltdown. 07-09. Notre Dame, IN: The Eugene D. Fanning Center for Business Communication, Mendoza College of Business, University of Notre Dame. |
| Physical Description: | 1 online resource : illustrations. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 152640432X 9781526404329 |