{"id":10506,"date":"2009-05-04T00:00:00","date_gmt":"2009-05-04T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"vp-biden-hedge-fund-scandal-why-theres-nothing-anyone-can-do-to-prevent-it","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2009\/vp-biden-hedge-fund-scandal-why-theres-nothing-anyone-can-do-to-prevent-it.html","title":{"rendered":"VP Biden Hedge Fund Scandal: Why There&#8217;s Nothing Anyone Can Do To Prevent It"},"content":{"rendered":"<p>BNET &#8211; A hedge fund Ponzi scheme scandal is breaking in the blogosphere &#8211; and it goes right to the top of political power.&nbsp; A little while ago, blogger John Hempton, who writes Bronte Capital, a finance blog, started sniffing around Connecticut-based hedge fund Ponta Negra.&nbsp; <\/p>\n<p>Hempton didn&rsquo;t like what he found. After legal threats from the fund&rsquo;s lawyers, Hempton retreated until a court ordered a freeze on the assets of Ponta Negra fund manager Francesco Rusciano amid allegations he lied to investors to raise more than $30 million. After that, the blogger published his findings.<a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/industry.bnet.com\/financial-services\/1000997\/vp-biden-hedge-fund-scandal-why-theres-nothing-anyone-can-do-to-prevent-it\/\"><\/a><\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/industry.bnet.com\/financial-services\/1000997\/vp-biden-hedge-fund-scandal-why-theres-nothing-anyone-can-do-to-prevent-it\/\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNET &#8211; A hedge fund Ponzi scheme scandal is breaking in the blogosphere &#8211; and it goes right to the top of political power.&nbsp; A little while ago, blogger John Hempton, who writes Bronte Capital, a finance blog, started sniffing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3805,572,4439,11211,11210,1551,314,11148,11110,4504,8416,11209,4590],"class_list":["post-10506","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-30-million","tag-allegations","tag-assets","tag-blogger","tag-blogosphere","tag-connecticut","tag-finance","tag-hedge-fund","tag-hempton","tag-investors","tag-lawyers","tag-legal-threats","tag-scandal"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10506"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10506\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}