{"id":16142,"date":"2010-06-10T07:48:39","date_gmt":"2010-06-10T11:48:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16142"},"modified":"2010-06-10T07:48:39","modified_gmt":"2010-06-10T11:48:39","slug":"basis-cap-hedge-fund-sues-goldman-sachs","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2010\/basis-cap-hedge-fund-sues-goldman-sachs.html","title":{"rendered":"Basis Cap hedge fund sues Goldman Sachs"},"content":{"rendered":"<p>Trading Room &#8211; Australian hedge fund Basis Capital is suing Goldman Sachs, alleging  the US investment banking giant forced one of its funds into insolvency  by encouraging it to take up a &#8220;shitty deal&#8221;.<\/p>\n<p>Basis Capital&#8217;s  Yield Alpha Fund (BYAFM) is seeking damages of more than $US56 million  ($A66.8 million) plus interest and punitive damages from Goldman Sachs  Group Inc and three of its subsidiaries, according to documents filed  with the US District Court in the Southern District of New York on  Wednesday.<\/p>\n<p><a href=\"http:\/\/www.tradingroom.com.au\/apps\/view_breaking_news_article.ac?page=\/data\/news_research\/published\/2010\/6\/161\/catf_100610_181600_7168.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trading Room &#8211; Australian hedge fund Basis Capital is suing Goldman Sachs, alleging the US investment banking giant forced one of its funds into insolvency by encouraging it to take up a &#8220;shitty deal&#8221;. Basis Capital&#8217;s Yield Alpha Fund (BYAFM) [&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-16142","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16142","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=16142"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16142\/revisions"}],"predecessor-version":[{"id":16144,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16142\/revisions\/16144"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}