So, if you have a spare few hundred million rolling around, what do you do?  Why, you give it to a trader who spectacularly wiped out a hedge fund, that's what you do!

Brian Hunter, the commodities trader whose huge bet on natural gas took down Amaranth Advisors last fall, is said to be planning an energy-focused hedge fund.

The planned venture is said to have been seeded with around $750 million to $800 million, from primarily Middle East investors.

I'm sure with the rest of their money, the investors are also about to plunge into the No-Doc, Liars-Loan Submergingprime Market.