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Situational Awareness still exists and it is still up 80% YTD. Leopold is still a hedge fund manager with a good track record, and a big learning experience. He will raise big dollars in the coming weeks/months. —- Wall Street has a long history of giving money to managers after they blow up. Partial list: John Meriwether, Long-Term Capital Victor Niederhoffer Mike Vranos, Ellington Howard Rubin, Merrill Lynch Jon Corzine, MF Global Boaz Weinstein, Deutsche Bank Brian Hunter, Amaranth Gerald Tsai, Manhattan Fund … and let’s not kid ourselves, when he gets out of prison, SBF will be among the largest hedge funds managers in the world.