John W. Meriwether
Born	August 10, 1947 (1947-08-10) (age 60) Chicago, Illinois
Occupation	Businessman: Financier / Racehorse owner

John William Meriwether (born August 10, 1947 in Chicago, Illinois) is an American financial executive on Wall Street seen as a pioneer of fixed income arbitrage. John Meriwether earned an undergraduate degree from Northwestern University and an MBA degree from the University of Chicago Graduate School of Business. At the University of Chicago, Meriwether studied alongside Jon Corzine, who would later become an executive at Goldman Sachs. is the 222nd day of the year (223rd in leap years) in the Gregorian calendar. ... Year 1947 (MCMXLVII) was a common year starting on Wednesday (link will display full 1947 calendar) of the Gregorian calendar. ... For other uses, see Chicago (disambiguation). ... Official language(s) English[1] Capital Springfield Largest city Chicago Largest metro area Chicago Metropolitan Area Area  Ranked 25th  - Total 57,918 sq mi (140,998 km²)  - Width 210 miles (340 km)  - Length 390 miles (629 km)  - % water 4. ... Image File history File links This is a lossless scalable vector image. ... is the 222nd day of the year (223rd in leap years) in the Gregorian calendar. ... Year 1947 (MCMXLVII) was a common year starting on Wednesday (link will display full 1947 calendar) of the Gregorian calendar. ... For other uses, see Chicago (disambiguation). ... Official language(s) English[1] Capital Springfield Largest city Chicago Largest metro area Chicago Metropolitan Area Area  Ranked 25th  - Total 57,918 sq mi (140,998 km²)  - Width 210 miles (340 km)  - Length 390 miles (629 km)  - % water 4. ... Elaborate marble facade of NYSE as seen from the intersection of Broad and Wall Streets For other uses, see Wall Street (disambiguation). ... Fixed income arbitrage is an investment strategy generally associated with hedge funds, which consists of the discovery and exploitation of inefficiencies in the pricing of bonds, i. ... Northwestern University (NU) is a private, nonsectarian, coeducational research university with campuses located in Evanston, Illinois and downtown Chicago. ... Master of Business Administration (MBA) is a tertiary degree in business management. ... The University of Chicago Graduate School of Business, also known as Chicago GSB, is one of the world’s leading business schools and the second oldest in the United States. ... Jon Stevens Corzine (born January 1, 1947) is the Governor of New Jersey. ... The Goldman Sachs Group, Inc. ...

After graduation, Meriwether moved to New York City, where he worked as a bond trader at Salomon Brothers. At Salomon, Meriwether rose to become the head of the domestic fixed income arbitrage group in the early eighties and the vice-chairman of the company in 1988. In 1991, after Salomon was caught in a Treasury securities trading scandal, Meriwether was slapped with a $50,000 civil penalty and left the company. For alternative meanings, see bond (a disambiguation page). ... This article deals with Salomon Brothers. ... Fixed income arbitrage is an investment strategy generally associated with hedge funds, which consists of the discovery and exploitation of inefficiencies in the pricing of bonds, i. ... Treasury securities are government bonds issued by the United States Department of the Treasury through the Bureau of the Public Debt. ...

Meriwether founded the Long-Term Capital Management hedge fund in Greenwich, Connecticut in 1994. LTCM spectacularly collapsed in 1998. Long Term Capital Management (LTCM) was a hedge fund founded in 1994 by John Meriwether (the former vice-chairman and head of bond trading at Salomon Brothers). ... A hedge fund is a private investment fund charging a performance fee and typically open to only a limited range of qualified investors. ... Location in Connecticut Coordinates: , NECTA Region Settled 1640 Joined Connecticut 1656 Government  - Type Representative town meeting  - First selectman Peter Tesei  - Town administrator Edward Gomeau  - Town meeting moderator Thomas J. Byrne Area  - Total 174. ... Year 1994 (MCMXCIV) The year 1994 was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by the United Nations. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ...

Meriwether now runs JWM Partners LLC, a Greenwich, Connecticut, hedge fund he started with about 400 million dollars under management in 1999, and with approximately $3 billion under management in 2007JWM Partners-Company description-Hoovers. Retrieved on 2008-04-11.As of March 19th, 2008, the JWM Partners fixed income hedge fund was down by 24% YTD.^[1] Location in Connecticut Coordinates: , NECTA Region Settled 1640 Joined Connecticut 1656 Government  - Type Representative town meeting  - First selectman Peter Tesei  - Town administrator Edward Gomeau  - Town meeting moderator Thomas J. Byrne Area  - Total 174. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 101st day of the year (102nd in leap years) in the Gregorian calendar. ...

Thoroughbred horse racing

John Meriwether has been an owner of Thoroughbred racehorses for a number of years and is a member of the Board of Directors of the New York Racing Association (NYRA). He notably campaigned Buckhar, winner of the 1993 Washington, D.C. International Stakes. [1] For the processor with the same codename , see Athlon. ... Horse-racing is an equestrian sporting activity which has been practiced over the centuries; the chariot races of Roman times were an early example, as was the contest of the steeds of the god Odin and the giant Hrungnir in Norse mythology. ... Chairman of the Board redirects here. ... The New York Racing Association is the non-profit governing body for thoroughbred horse-racing in the state of New York. ...

See also

• List of trading losses

This page contains a list of Trading Losses which eventually forced major corporations to go bankrupt or restructure parts of their organisation. ...

References

• Lowenstein, Roger (2000). When Genius Failed: The Rise and Fall of Long-Term Capital Management. New York: Random House. ISBN 0-375-50317-X. 
• Dunbar, Nicholas (2000). Inventing Money: The Story of Long-Term Capital Management and the Legends Behind It. New York: John Wiley & Sons. ISBN 0-471-89999-2. 
• Lewis, Michael (1989). Liar's Poker: Rising through the Wreckage on Wall Street. New York: W.W. Norton. ISBN 0-393-02750-3. 

// Random House is a publishing house based in New York City. ... John Wiley & Sons, Inc. ... Liars poker is a very popular game among (bond) traders, since it consist of a perfect balance between mathematical command, the ability to predict other peoples actions and the ability to influence your opponents in your benifit. ... W. W. Norton & Company is an American book publishing company. ...

External links

• Case Study: Long-Term Capital Management
• Meriwether and Strange Weather: Intelligence, Risk Management and Critical Thinking