October 20, 2006
Amaranth Lawsuit
Posted by Christine Hurt
WSJ Blog posts today that the San Diego County Employees' Retirement Fund is suing Amaranth Advisors. The fund lost $100 million as part of the natural gas trading losses incurred by Brian Hunter of Amaranth, who we have mentioned before. The fund invests 20% of its assets in hedge funds. Does no one in San Diego remember Orange County?
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