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Pirate Capital founder Thomas Hudson is determined to deliver 20% or more to investors - can he?
Sonrda Hansekar
Sep. 29, 2006

Investors are scared after Amaranth episode and Pirate Capital's mass exodus of its employees. Pirate Capital founder Thomas Hudson is determined to deliver 20% or more to investors, the question in every one's mind is : can he?

The reason for the mass exodus was the fact that regulators started examining records of the company for failing to properly disclose the sale of holdings in OSI Restaurant Partners Inc. and Freightcar America Inc.

According to some analysts, Thomas Hudson is smart investor. Once the debacle is over, there is no reason for him not to outperform the market. However, the guaranteed 20% return is somewhat spicy in nature.


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