{"id":39180,"date":"2013-11-18T07:19:57","date_gmt":"2013-11-18T12:19:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=39180"},"modified":"2013-11-18T07:19:57","modified_gmt":"2013-11-18T12:19:57","slug":"iceland-tells-hedge-funds-not-to-bet-on-75-claims-writedown","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2013\/iceland-tells-hedge-funds-not-to-bet-on-75-claims-writedown.html","title":{"rendered":"Iceland Tells Hedge Funds Not to Bet on 75% Claims Writedown"},"content":{"rendered":"<p>Bloomberg &#8211; Iceland\u2019s government says speculation by creditors in the island\u2019s failed banks, many of whom are hedge funds, that they will need to take a 75 percent writedown on their claims is an exaggeration.<\/p>\n<p>\u201cThe 75 percent was mentioned at a lunch meeting, very unofficially,\u201d Finance Minister Bjarni Benediktsson said in an interview in Reykjavik. \u201cThat has been exaggerated as an assumption.\u201d He said the final figure could be higher or lower.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2013-11-17\/iceland-tells-bank-creditors-not-to-bet-on-75-percent-claims-writedown\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Iceland\u2019s government says speculation by creditors in the island\u2019s failed banks, many of whom are hedge funds, that they will need to take a 75 percent writedown on their claims is an exaggeration. \u201cThe 75 percent was mentioned [&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-39180","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39180","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=39180"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39180\/revisions"}],"predecessor-version":[{"id":39181,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39180\/revisions\/39181"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=39180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=39180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=39180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}