Our reporting relies on your support. Contribute today! 

Help us reach our goal of $250,000. The countdown is on!

Kudos to the U-T’s Leslie Wolf Branscomb who gets, from the county’s pension system, yet another “soft estimate” of what the fund lost in the Amaranth hedge fund collapse.

She reports that the system now says it has lost $105 million.

We’ve, of course, seen these “soft estimates” before.

At least we know the loss can’t get that much worse right? After all, at some point it will just be the entire $175 million investment.

SCOTT LEWIS

Leave a comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.