Who on Earth keeps giving this guy money?!?!
Stupid people making stupid investments is how we got into this mess to begin with. How on Earth is John Meriweather of Long Term Capital Management fame (or infamy I suppose) able to launch yet another fund?!?! I believe that he's had at least one other fund melt down since the LTCM debacle. This isn't a straight Madoff scam, but clearly whatever Meriweather has been doing is not working. Stop giving him money people. Good grief.
John Meriwether Launching Another Fund