Friday, January 05, 2007

Continuum Seque Phoenix

According to the WSJ (you need a ticket to read), Nick Maounis is toying with the idea of starting some kind of new business in the financial funds field. You will remember him. He was the Main Wizard behind the curtain inside the black box at Amaranth.
If he can find enough support, it would signal that demand for pros in the hedge fund industry is so strong that even the head of a firm that collapsed spectacularly can engineer a quick comeback.

Two of his new firm's possible names ... are "Continuum" and "Segue."

Now that Amaranth is liquidating its investments, much of its technology equipment and systems aren't needed and could be used elsewhere....

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