Sad News out of HF land: Doug Millett, former COO of Kynikos and a veteran l/s, lost a battle with cancer this pm. A nice man, RIP.
— Roddy Boyd (@BoydRoddy) September 22, 2013
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“In several phone calls Jim Chanos and his chief operating officer Doug Millett, pitched her (Bethany McLean) the Enron story. The company, they said, was nothing more than a hedge fund sitting on top of a pipeline. But despite having the risks of a high-stakes trader, it had the returns on investment of a car company.” – Conspiracy of Fools, a True Story
” ‘I had been in touch with Doug Millett, who worked for James Chanos.’ She (Bethany McLean) reported that Millett suggested she look at Enron’s financial figures.” – The Inside Stories of Modern Political Scandals
“in the memorable words of Doug Millett, Kynikos’ chief operating officer–it simply didn’t make very much money.” – Why Enron Went Bust Start with arrogance. Add greed, deceit, and financial chicanery. What do you get? A company that wasn’t what it was cracked up to be. http://money.cnn.com/magazines/fortune/fortune_archive/2001/12/24/315319/index.htm
I’m told by a gentleman familiar with Doug Millett, that Millett also helped uncover many other frauds, fads and failures, especially of the dot com variety.
Rest in peace.