Wall Street prides itself on being a meritocracy [2], but those who fail spectacularly often get a second chance: think of John Meriwether [4] of Long-Term Capital Management [3].

华尔街虽一直因其用人唯才[2]而自豪，但那些引人注目的失败者却往往可以得到第二次机会：不妨看看曾创办长期资本管理公司(LTCM)[3]的John Meriwether[4]现在在做什么。

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Yet John Meriwether, the hedge fund's founder and a former head of trading at Salomon Brothers, remains a shady figure.

ECONOMIST: Business books (4)

And John Meriwether, a figure of widespread ignominy after Long-Term Capital collapsed, has simply launched a new hedge fund, JMW Partners.

FORBES: The $500 Billion Hedge Fund Fever

Wall Street prides itself on being a meritocracy, but those who fail spectacularly often get a second chance: think of John Meriwether of Long-Term Capital Management.

ECONOMIST: They used to walk on water. Now they are back from the dead