Amaranth, on the heels of losing $6 billion mostly from energy trading, had already sold some investments and handed its troubled energy portfolio to J.P. Morgan Chase and hedge-fund Citadel Investments. The firm said it will suspend investor redemptions for Sept. 30 and Oct. 31, according to a letter the firm sent to investors, a move aimed at giving Amaranth more time to sell some of its more illiquid positions that may be harder to exit.
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