The good news about amaranth.

• Position: OFF THE NEWS - Amaranth Advisors L.L.C. - Brief article

Recent visitors to the offices of both Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke say there was a common theme expressed at least on one issue: Amaranth. Amaranth of course is the Greenwich-based hedge fund whose trader in Calgary. Canada. recently lost as much as $9 billion when the price of natural gas took a nose dive earlier this fall. Paulson and Bernanke expressed the identical thought, namely that it is amazing how quickly and seamlessly the global financial markets absorbed this loss with barely a hiccup. By comparison, in the 1990s the hedge fund Long-Term Capital Management ran into...