Thursday, August 13, 2009

McAlvany Weekly Commentary, August 12, 2009

Richard Bookstaber has worked at a number of hedge funds, running the FrontPoint Quantitative Fund, a market neutral long/short equity fund, and overseeing risk management at Ziff Brothers Investments and Moore Capital Management. At Ziff Brothers he also developed and managed the firm’s quantitative long/short equity portfolio.

Prior to joining Moore, Mr. Bookstaber was the Managing Director in charge of firm-wide risk management at Salomon Brothers. In this role he oversaw both the client and proprietary risk-taking activities of the firm, and served on that firm’s powerful Risk Management Committee. He remained in these positions at Salomon Smith Barney after the firm’s purchase by Traveler’s in 1997 and the merger that formed Citigroup. Be sure to visit his web site at: www.rick.bookstaber.com

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