Lightning Boldt

Bob Boldt bolts from Texas; Amaranth undone; Betting on a downturn; Pension Corner; and more.

Is $1.2 million too much to pay for office space? James Huffines thinks so. Huffines, chairman of the regents for the University of Texas System, expressed his displeasure last year after the costs for outfitting University of Texas Investment Management Co.’s new offices topped that amount.

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