A hotshot money manager with a proven track record. Investors lining up to give him money. Endorsements from all the right people. A "trust-me" response to questions about his strategy.
Does anyone remember Long-Term Capital Management (LTCM)? The Wall Street Journal (WSJ) ran a front-page profile recently of Eric Mindich, a graduate of Goldman Sachs's vaunted risk-arbitrage desk and founder of Eton Park Capital Management, a new hedge fund that holds the distinction of opening its doors with