Is it accurate to say that the reason for Amaranth's devastating losses was because the chief trader
and CEO just did not understand the derivatives markets in which they were trading?
What will be an ideal response?
No, this would be an inaccurate characterization. Brian Hunter had an advanced understanding of the natural gas derivatives markets, and Nick Maounis understood perfectly well the strategy that Brian Hunter had employed. The problem with Hunter's strategy (however sophisticated) was that it was based on price and spread movements
that did not occur. Amaranth's positions were too large and leveraged for the company
to withstand the cash outflows from these disadvantageous price and spread movements.
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If you're planning to create a table for online use, ________ to make sure that the table is easy to read
A) reduce the number of columns and rows B) eliminate lines and spaces between columns and rows C) display data items in unrounded, multiple units D) present large amounts of data and information E) add additional columns and rows
How can we repair and rebuild a relationship that has been jeopardized?
What will be an ideal response?
A . Explain the meaning of "public policy" in the context that an agreement is void because it violates public policy. b. List the most common forms of agreements that violate public policy
Distributorship is a form of licensing in which the owner of intellectual property grants permission to a foreign business under carefully specified conditions
Indicate whether the statement is true or false