{"id":3440,"date":"2005-10-10T00:00:00","date_gmt":"2005-10-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"delphi-punishes-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2005\/delphi-punishes-hedge-funds.html","title":{"rendered":"Delphi Punishes Hedge Funds"},"content":{"rendered":"<p>( <a href=\"http:\/\/www.thestreet.com\/\">www.thestreet.com<\/a> ) &#8211; Delphi&#8217;s (<a href=\"http:\/\/tools.thestreet.com\/rmy\/quotes.html?pg=qcn&amp;symb=DPH\">DPH<\/a>:NYSE &#8211; <a href=\"http:\/\/find.thestreet.com\/cgi-bin\/texis\/find\/results.html?tkr=DPH\">commentary<\/a> &#8211; <a href=\"http:\/\/thestreet.investor.reuters.com\/reports.aspx?ticker=DPH\" target=\"_blank\">research<\/a> &#8211; <a href=\"http:\/\/find.thestreet.com\/cgi-bin\/texis\/cramertake?tkr=DPH&amp;site=tsc\">Cramer&#8217;s Take<\/a>) bankruptcy filing might make it Black Monday for the auto parts industry, but for hedge funds with bigbets riding on the company&#8217;s stock and bonds, the picture could be even bleaker.<\/p>\n<p>  The No. 1 parts supplier to General Motors (<a href=\"http:\/\/tools.thestreet.com\/rmy\/quotes.html?pg=qcn&amp;symb=GM\">GM<\/a>:NYSE &#8211; <a href=  \"http:\/\/find.thestreet.com\/cgi-bin\/texis\/find\/results.html?tkr=GM\">commentary<\/a> &#8211; <a href=\"http:\/\/thestreet.investor.reuters.com\/reports.aspx?ticker=GM\" target=\"_blank\">research<\/a> &#8211; <a href=  \"http:\/\/find.thestreet.com\/cgi-bin\/texis\/cramertake?tkr=GM&amp;site=tsc\">Cramer&#8217;s Take<\/a>) ended months of frenetic speculation on Saturday by seeking Chapter 11 bankruptcy protection. The stock,  which could well end up worthless in a reorganization, was recently trading for 48 cents after falling from $2.20 to $1.12 on Friday.<\/p>\n<p><a href=\"http:\/\/www.thestreet.com\/_googlen\/markets\/emmatrincal\/10246538.html?cm_ven=GOOGLEN&amp;cm_cat=FREE&amp;cm_ite=NA\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>( www.thestreet.com ) &#8211; Delphi&#8217;s (DPH:NYSE &#8211; commentary &#8211; research &#8211; Cramer&#8217;s Take) bankruptcy filing might make it Black Monday for the auto parts industry, but for hedge funds with bigbets riding on the company&#8217;s stock and bonds, the picture [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3440","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3440","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3440"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3440\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}