California’s Dedication to Efficiency and Conservation, II

Michael Giberson In a follow up to my post earlier in the week, I noticed this headline from the Contra Costa Times, “Utilities fall behind on green goals: State officials admit report showing conservation, use of renewable resources not on track is troublesome.” Not that California state officials aren’t dedicated, but perhaps more than dedication … More California’s Dedication to Efficiency and Conservation, IIMore California’s Dedication to Efficiency and Conservation, II

Un-hedged Hedge Fund Becomes Unhinged

Michael Giberson Speaking of “hedge” funds, how about those folks at Amaranth Advisors LLC? As of a few weeks ago, they were up to about $9 billion in assets. One 32-year old trader alone was up $2 billion for the year. Who are these financial wizards? From the Amaranth web site: Amaranth’s investment professionals deploy … More Un-hedged Hedge Fund Becomes UnhingedMore Un-hedged Hedge Fund Becomes Unhinged