{"id":29757,"date":"2012-06-27T07:09:32","date_gmt":"2012-06-27T11:09:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29757"},"modified":"2012-06-27T07:09:32","modified_gmt":"2012-06-27T11:09:32","slug":"sabas-weinstein-exits-bet-against-jpmorgan-sources","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2012\/sabas-weinstein-exits-bet-against-jpmorgan-sources.html","title":{"rendered":"Saba&#8217;s Weinstein exits bet against JPMorgan-sources"},"content":{"rendered":"<p>Reuters &#8211; Hedge fund manager Boaz Weinstein, who was one of the first traders to call attention to a derivatives bet that cost JPMorgan Chase at least $2 billion recently exited from the trade, booking a tidy profit, according to sources familiar with the trade.<\/p>\n<p>Weinstein, a former Deutsche Bank trader, was one of the early proponents of a trade that involved buying Investment Grade Series 9 10-Year Index CDS, discussing it at the Harbor Investment Conference in February. Ironically, the conference was held at JP Morgan&#8217;s Madison Avenue offices.<\/p>\n<p><a href=\"http:\/\/in.reuters.com\/article\/2012\/06\/26\/saba-jpm-idINL2E8HQEWO20120626\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge fund manager Boaz Weinstein, who was one of the first traders to call attention to a derivatives bet that cost JPMorgan Chase at least $2 billion recently exited from the trade, booking a tidy profit, according to [&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-29757","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29757","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=29757"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29757\/revisions"}],"predecessor-version":[{"id":29759,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29757\/revisions\/29759"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}