What happens when big gamblers lose?

So what exactly does it take to make a man unemployable in the hedge fund industry? It is only a fe...

So what exactly does it take to make a man unemployable in the hedge fund industry? It is only a few months since Amaranth Advisors crashed with losses of more than $6bn, the largest ever at a single fund. And yet, even as the investors struggle to count up the millions of dollars in wealth destroyed, Nicholas Maounis, the firm's founder, is already trying to get back in business. That would be wrong - and it gives the hedge fund industry a bad name. Nobody believes people should be strung up from the nearest lamppost for making an investment decision that goes wrong. Still, they shouldn'...