{"id":18079,"date":"2010-10-04T07:01:11","date_gmt":"2010-10-04T11:01:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=18079"},"modified":"2010-10-04T07:07:50","modified_gmt":"2010-10-04T11:07:50","slug":"another-goldman-vs-hedge-fund-lawsuit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2010\/another-goldman-vs-hedge-fund-lawsuit.html","title":{"rendered":"Another Goldman vs. Hedge Fund Lawsuit"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/goldman_1632581c.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-18083\" title=\" Goldman Sachs\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/goldman_1632581c-300x191.jpg\" alt=\"\" width=\"168\" height=\"107\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/goldman_1632581c-300x191.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/goldman_1632581c.jpg 480w\" sizes=\"auto, (max-width: 168px) 100vw, 168px\" \/><\/a>New York (HedgeCo.net) &#8211; Hedge fund Dodona I LLC., has filed a class action suit against\u00a0Goldman Sachs and seeks damages. \u00a0The hedge fund is said to have invested four million dollars\u00a0in securitized mortgage loans (CDO) under the name Hudson Mezzanine, Reuters reports.<\/p>\n<p>The complaint claims that Goldman built the $2 billion synthetic CDO in 2006 and was the sole counterparty, at the time more than 70 percent of Hudson Mezzanine had AAA ratings, but 18 months later it was downgraded to junk status.<\/p>\n<p>A Goldman Sachs spokesman said the complaint was unfounded.<\/p>\n<p>In June, an Australian hedge fund, Basis Yield Alpha Fund, also sued Goldman to recoup the $56 million it lost on the Timberwolf CDO, Reuters said.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Hedge fund Dodona I LLC., has filed a class action suit against\u00a0Goldman Sachs and seeks damages. \u00a0The hedge fund is said to have invested four million dollars\u00a0in securitized mortgage loans (CDO) under the name Hudson Mezzanine, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16005,11,3],"tags":[],"class_list":["post-18079","post","type-post","status-publish","format-standard","hentry","category-developing-stories","category-hedge-fund-fraud","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18079","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=18079"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18079\/revisions"}],"predecessor-version":[{"id":18081,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18079\/revisions\/18081"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}