Amaranth travails may spell opportunity for others

As Amaranth continues its fight to survive, people are talking more about the opportunities that stem from its implosion. Clearly, there is still a lot of interest in energy commodities. JPMorgan and the Citadel Investment Group apparently had no trouble finding buyers for the $2 billion or so in assets they acquired from Amaranth. Even with a markup, the assets were likely seen as fairly well priced products offered by a motivated seller. Most of the big investment banks are committed to energy trading; several had struck deals in the recent year or so to boost their capacity. And we still haven't heard much about the winners in the recent natural gas slide. They are certainly out there. All in all, the energy markets seems healthy. No one would be surprised if Citigroup bought what's left of Amaranth.

For more on this:
- Here's a Forbes article