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September 23, 2006

$5 Billion Dollars Lost in a Week

Filed under: by Marsha James at 3:33 pm

Talk about a serious ouchie. Brian Hunter, 32 years old managed to lose $5 billion dollars in one week. Yes, I said one week. He was dealing in hedge funds and they hoped for a big hurricane season which we have seen for the last few years. A high hurricane season would usually push gas and energy prices high, unfortunately this season was relatively calm and gas prices have been going down in the last few months. Which means that Mr. Hunter and everyone associated with him is still crying. What a shame.

If you have ever seen the movie ElizabethTown, it features Orlando Bloom losing a ton of money for his company. His name and how much money he lost is let out to the media and no one will hire that guy. Sorry Brian.

$5-billion man loses portfolio


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