{"id":14748,"date":"2010-03-26T07:18:17","date_gmt":"2010-03-26T11:18:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=14748"},"modified":"2010-03-26T07:18:17","modified_gmt":"2010-03-26T11:18:17","slug":"appaloosa%e2%80%99s-short-sales-on-wells-fargo-face-sec-probe","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2010\/appaloosa%e2%80%99s-short-sales-on-wells-fargo-face-sec-probe.html","title":{"rendered":"Appaloosa\u2019s Short Sales on Wells Fargo Face SEC Probe"},"content":{"rendered":"<p>Bloomberg &#8211; The U.S. Securities and Exchange Commission is probing  Appaloosa Management LP, the hedge fund run by David Tepper, for  betting against Wells Fargo &amp; Co.\u2019s stock before participating in  its secondary offering.<\/p>\n<p>The probe relates to trades in Wells Fargo\u2019s  secondary stock offering in November 2008, when the bank raised $11  billion to help fund the purchase of Wachovia Corp., Christopher Clark,  an attorney for Appaloosa at Dewey &amp; LeBoeuf LLP, said in an  interview.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2010-03-25\/appaloosa-s-short-sales-on-wells-fargo-face-sec-probe-update1-.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; The U.S. Securities and Exchange Commission is probing Appaloosa Management LP, the hedge fund run by David Tepper, for betting against Wells Fargo &amp; Co.\u2019s stock before participating in its secondary offering. The probe relates to trades in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14748","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14748","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=14748"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14748\/revisions"}],"predecessor-version":[{"id":14749,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14748\/revisions\/14749"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=14748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=14748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=14748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}