Archive - Feb 7, 2009
The Rapid Rise and Blistering Fall Of Boaz Weinstein
Submitted by Tyler Durden on 02/07/2009 01:27 -0500
As we wrote two weeks ago in detail, the massive unwind of basis trades in the post-Lehman world was a crushing blow to numerous hedge funds, Merrill Lynch's prop desk, the reason why Citadel has to post a 100% return this year just to be able to pocket any incentive fees, and cost Boaz Weinstein his investing career (contrary to his aspirations to start a new f
