{"id":34743,"date":"2013-04-04T11:09:57","date_gmt":"2013-04-04T15:09:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34743"},"modified":"2013-04-04T11:09:57","modified_gmt":"2013-04-04T15:09:57","slug":"corruption-at-hedge-funds-even-more-rampant-than-you-think-study-shows","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2013\/corruption-at-hedge-funds-even-more-rampant-than-you-think-study-shows.html","title":{"rendered":"Corruption at Hedge Funds Even More Rampant Than You Think, Study Shows"},"content":{"rendered":"<p>Forbes &#8211; If a new report about hedge fund corruption is to be believed, the industry is overrun with unethical and illegal activity. Some 46% of people at hedge funds believe their competitors break the law or act unethically and 30% say they\u2019ve seen wrongdoing themselves. \u00a0Less than a week after F.B.I. agents handcuffed SAC Capital portfolio manager Michael Steinberg and escorted him from his Park Avenue apartment, the\u00a0 report, released yesterday, says that more than a third of hedge fund professionals believe they have to break the rules to get ahead.<\/p>\n<p>The report was released by New York law firm Labaton Sucharow, which specializes in representing plaintiffs in securities class action cases and whistleblower actions, together with HedgeWorld, a news and research service, and the Hedge Fund Association, a trade group. They commissioned an anonymous online\u00a0survey\u00a0\u00a0of 127 hedge fund professionals conducted between Feb. 25 and March 17.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/susanadams\/2013\/04\/03\/corruption-at-hedge-funds-even-more-rampant-than-you-think-study-shows\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; If a new report about hedge fund corruption is to be believed, the industry is overrun with unethical and illegal activity. Some 46% of people at hedge funds believe their competitors break the law or act unethically and [&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-34743","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34743","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=34743"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34743\/revisions"}],"predecessor-version":[{"id":34744,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34743\/revisions\/34744"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}