Meanwhile on April 17, 2000, Business Week called the collapse of Robertson's Tiger fund "the biggest hedge fund collapse in history."
So what happened? Robertson was the head of Tiger Management, which had $23 Billion under management at the time. When he shut down the firm, there was only $6 Billion left.
To this day, Robertson has never explained where the $17 Billion went.
Was it redeemed? Or did it simply vanish on a "bad bet" -- like a lot of other Wall Street losses?
As for his financial losses, the Times of London reported that Robertson confessed -- "We are in a market I don't understand." It should be remembered that Julian Robertson is allegedly a "professional," whose "business" was to provide financial management of Other People's Money (OPM).
For background on this case, please see this column by Al Martin called "Failed Hedge-Fund Manager Julian Robertson Threatens Lawsuit against AlMartinRaw.com""Failed Hedge-Fund Manager Julian Robertson Threatens Lawsuit against AlMartinRaw.com"(http://www.almartinraw.com/public/column219.html) as well as the "Julian Robertson Lawsuit Archives" "Julian Robertson Lawsuit Archives"(http://www.conspiracyplanet.com/channel.cfm?ChannelID=135)
For an audio interview with Uri Dowbenko(Oct.1, 2011), please see Erskine Overnight interviewhttp://www.erskineonradio.com/archives/EO Uri Dowbenko 100111E.mp3
Oral argument has been scheduled for October 14, 2011 at 10 AM in the US Courthouse in New York City at 500 Pearl Street (9th Floor).
Interested media should write a letter to the Clerk of Court requesting permission to camera record the proceedings. Letters may be addressed to Catherine O'Hagan Wolfe, Clerk of the Court, United States Court of Appeals Second Circuit, United States Courthouse, 40 Foley Square, New York, NY 10007.
Please reference -- Julian Robertson, Jr. v. John Doe a/k/a Al Martin, et al (Docket 10-2820)
To arrange an interview with publisher Uri Dowbenko in New York City, please call 866-317-1390 or email virtualagency (at) yahoo.com