Looking back on Barnegat’s bravura and the ill-fated brilliance of Bear Stearns’ credit funds

One Year Ago

»» Barnegat’s Bob Treue crowed about the opportunities presented to fixed income traders by the performance losses and closures of his competitors, and by the necessity of banks to disband their in-house trading teams. “In 2008 and 2009, the financial crisis caused several billion-dollar funds to close or shrink,” he said at the time.