The elusive John Arnold to speak…

John Arnold isn’t one for the spotlight.
The former Enron oil and natural gas trader turned his intelligence and bonuses into a much respected energy trading firm, Centaurus. Considered the country’s youngest billionaire, he’s also known as very private and low-key. That’s why his scheduled appearance to testify before the Commodity Futures Trading Commission next Wednesday about speculative trading is surprising.

John Arnold at a 2006 fundraiser for Bayou Bend in Houston.

But if regulators want to know about people taking big risks in energy markets, he’d be a good person to talk to. He schooled fellow traders at Amaranth in 2006, the details of which were spelled out later, for starters. And trade publications estimate the firm’s returns have topped 200 percent in the past.
He’s rankled a few in Houston for tearing down an historic home to construct a new modern marvel. But he’s spread his wealth around too. New York Magazine simply has him filed under “hedge fund hotties.”
The full set of speakers for the CFTC hearing on Wednesday:
Panel One:
John Hyland, U.S. Commodity Funds
Paul Cicio, Industrial Energy Consumers of America
Steven Graham, Schneider National Inc., American Trucking Association
Panel Two:
Elliot Chambers, Chesapeake Energy
Phil Verleger, University of Calgary
Panel Three:
Mike Masters, Masters Capitol
Mark Young, Kirkland & Ellis, Futures Industry Association
Michael Greenberger, University of Maryland, AFL-CIO