Moths to a flame

Amaranth Advisors became famous for all the wrong reasons. When the Connecticut-based hedge fund lost two-thirds of its $9 billion asset stash in the space of just a week in September 2006, people took notice. The fund had invested far too much in trades that bet that natural gas prices would continue to rise. When those prices dropped amidst high energy reserves and predictions of a mild winter, it didn't take long for $6 billion to go down the pipe. Amaranth's spectacular implosion made it one

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here