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The New York Times served up another of those paeans to the victorious financial speculators on Sunday. This one glorifies a 38-year old Boaz Weinstein of Saba Capital. He is one of the people who early on recognized that something was going on with the credit default swaps market in the City of London. The NYT wants you to know that they are the winners and you are the losers.
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As we predicted some time ago, it would be only a matter of time before the story of how one failed prop desk trader, in this case Boaz Weinstein who blew up DB Prop only to be resurrected as the successful head of Saba Capital, too... Read Post

Hedge fund manager Boaz Weinstein, the founder of Saba Capital, has garnered a lot of attention in the last couple of months. That's because Weinstein has been identified as one of the people that got on the other side of JP Morgan'... Read Post

Hedge fund manager Boaz Weinstein, the founder of Saba Capital and former co-head of credit trading at Deutsche Bank, is said to be killing it this month. Bloomberg reports that the legendary derivatives trader's Saba Capital, a cre... Read Post