{"id":40105,"date":"2014-01-16T08:43:09","date_gmt":"2014-01-16T13:43:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40105"},"modified":"2014-01-16T08:43:09","modified_gmt":"2014-01-16T13:43:09","slug":"citis-ex-hedge-fund-chief-loses-1-million-in-deep-sea-treasure-hunt","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2014\/citis-ex-hedge-fund-chief-loses-1-million-in-deep-sea-treasure-hunt.html","title":{"rendered":"Citi&#8217;s Ex-Hedge Fund Chief Loses $1 Million in Deep-Sea Treasure Hunt"},"content":{"rendered":"<p>Bloomberg &#8211; The deal started with a treasure map, supposedly bought from a drifter at a saloon in Key West for $500.\u00a0What could possibly go wrong?<\/p>\n<p>For Dean Barr, who ran\u00a0Citigroup\u2019s\u00a0hedge fund unit until 2007, investing in the X-marks-the-spot Emerald Reef venture has cost him more than $1 million, he said at a trial this week in the Florida island\u2019s federal courthouse. \u201cI lost a significant amount of money,\u201d Barr testified,\u00a0according to the\u00a0<em>Key West Citizen<\/em>, a newspaper. \u201cI want to get to the bottom of why and who is responsible.\u201d<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/articles\/2014-01-15\/citigroup-ex-hedge-fund-chief-out-1-million-in-deep-sea-treasure-hunt\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; The deal started with a treasure map, supposedly bought from a drifter at a saloon in Key West for $500.\u00a0What could possibly go wrong? For Dean Barr, who ran\u00a0Citigroup\u2019s\u00a0hedge fund unit until 2007, investing in the X-marks-the-spot Emerald [&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-40105","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40105","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=40105"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40105\/revisions"}],"predecessor-version":[{"id":40106,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40105\/revisions\/40106"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}