Archive for July 25th, 2007
BNN interview on trials in the corporate credit market
25 July 2007If you are interested in hearing more about this week’s developments in the credit markets, Wellington Financial’s Mark McQueen was interviewed on the Business News Network earlier this evening. The spots starts about 8 minutes into the 6:30 p.m. “Business News with Howard Green” segment.
AO
Charges brought against Amaranth and team
25 July 2007This just hit the WSJ site, and will come as a surprise, perhaps, to some:
CFTC Charges Amaranth, Hunter in Gas-Trading Probe
By KEVIN KINGSBURY
July 25, 2007 9:05 a.m.
The Commodity Futures Trading Commission filed civil charges against hedge fund Amaranth Advisors LLC and former natural-gas trader Brian Hunter, alleging they schemed to manipulate prices in early 2006.
The [...]
Ventus Energy to be acquired by Suez SA of France
25 July 2007The deal is now public (by policy we let others break the news of our portfolio companies; despite having a corporate blog, we naturally keep the private affairs of our portfolio firms and their VCs confidential): Wellington Financial Fund III portfolio company Ventus Energy has agreed to be acquired by France-based Suez SA (SZE:NYSE) [...]