{"id":33995,"date":"2013-02-20T08:17:56","date_gmt":"2013-02-20T13:17:56","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33995"},"modified":"2013-02-20T08:17:56","modified_gmt":"2013-02-20T13:17:56","slug":"wisconsin-funeral-trust-invested-in-risky-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2013\/wisconsin-funeral-trust-invested-in-risky-hedge-fund.html","title":{"rendered":"Wisconsin Funeral Trust invested in risky hedge fund"},"content":{"rendered":"<p>JSOnline &#8211; The Wisconsin Funeral Trust invested at least $3.5 million into a risky hedge fund promoted by Citigroup, the company that served as its financial adviser, and &#8211; unlike investors nationwide &#8211; did not take legal action to recoup the loss, according to testimony in an ongoing unemployment insurance claim case.<\/p>\n<p>The investment in Falcon Plus Strategies, a hedge fund that invested in high-risk mortgage-backed securities, is emerging as one of the issues in a dispute over whether Scott Peterson, the former director of the Wisconsin Funeral Directors Association, should continue receiving unemployment insurance payments of $363 a month.<\/p>\n<p><a href=\"http:\/\/www.jsonline.com\/business\/wisconsin-funeral-trust-invested-in-risky-hedge-fund-td8rbdk-191931441.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSOnline &#8211; The Wisconsin Funeral Trust invested at least $3.5 million into a risky hedge fund promoted by Citigroup, the company that served as its financial adviser, and &#8211; unlike investors nationwide &#8211; did not take legal action to recoup [&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-33995","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33995","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=33995"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33995\/revisions"}],"predecessor-version":[{"id":33998,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33995\/revisions\/33998"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}