{"id":21359,"date":"2011-03-22T06:53:25","date_gmt":"2011-03-22T10:53:25","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=21359"},"modified":"2011-03-22T06:53:25","modified_gmt":"2011-03-22T10:53:25","slug":"with-big-bucks-on-the-line-randy-lerner-gives-voice-to-his-thoughts","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2011\/with-big-bucks-on-the-line-randy-lerner-gives-voice-to-his-thoughts.html","title":{"rendered":"With big bucks on the line, Randy Lerner gives voice to his thoughts"},"content":{"rendered":"<p>Crain&#8217;s Cleveland Business &#8211;\u00a0\u201cThe hedge fund started up in 2007 with a dream of profiting from the woes of others, or distressed investing, as the pros call it,\u201d\u00a0<em>The Journal<\/em> blog reports. \u201cPaige Capital says Lerner agreed to a \u2018gating&#8217; provision that means he can&#8217;t get his money out because it accounts for more than 20% of what&#8217;s in the fund.\u201d<\/p>\n<p>Hedge fund founder Michele Paige admitted in court last week that Mr. Lerner&#8217;s money actually is 99.9% of what&#8217;s in the fund.<\/p>\n<p><strong><a href=\"http:\/\/www.crainscleveland.com\/article\/20110321\/BLOGS03\/110329982\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crain&#8217;s Cleveland Business &#8211;\u00a0\u201cThe hedge fund started up in 2007 with a dream of profiting from the woes of others, or distressed investing, as the pros call it,\u201d\u00a0The Journal blog reports. \u201cPaige Capital says Lerner agreed to a \u2018gating&#8217; provision [&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-21359","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21359","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=21359"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21359\/revisions"}],"predecessor-version":[{"id":21360,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21359\/revisions\/21360"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=21359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=21359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=21359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}