{"id":10523,"date":"2009-05-06T00:00:00","date_gmt":"2009-05-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-manager-lashes-back-at-obama-on-chrysler","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2009\/hedge-fund-manager-lashes-back-at-obama-on-chrysler.html","title":{"rendered":"Hedge fund manager lashes back at Obama on Chrysler"},"content":{"rendered":"<p>Reuters &#8211; Prominent hedge fund manager Clifford Asness has struck back at the Obama administration, saying hedge funds had the right and responsibility to hold out on last week&#8217;s Chrysler LLC restructuring deal.       <\/p>\n<p> &quot;Managers have a fiduciary obligation to look after their clients&#8217; money as best they can, not to support the President, nor to oppose him, nor otherwise advance their political views,&quot; Asness, who oversees about $20 billion at AQR Capital Management, LLC wrote in an undated letter.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/rbssFinancialServicesAndRealEstateNews\/idUSN0550757320090505\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Prominent hedge fund manager Clifford Asness has struck back at the Obama administration, saying hedge funds had the right and responsibility to hold out on last week&#8217;s Chrysler LLC restructuring deal. &quot;Managers have a fiduciary obligation to look [&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":[11303,629,3314,4021,11306,11304,37,48,3595,11091,7808,4326,11305],"class_list":["post-10523","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-aqr-capital-management-llc","tag-aqr-capital-management","tag-capital-management-llc","tag-chrysler","tag-clifford","tag-fiduciary-obligation","tag-hedge-fund-manager","tag-money","tag-political-views","tag-quot","tag-restructuring","tag-reuters","tag-undated-letter"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10523","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=10523"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10523\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}