{"id":40118,"date":"2014-01-17T07:19:58","date_gmt":"2014-01-17T12:19:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40118"},"modified":"2014-01-17T07:19:58","modified_gmt":"2014-01-17T12:19:58","slug":"morgan-stanley-claws-back-100-compensation-from-crooked-hedge-fund-manager","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2014\/morgan-stanley-claws-back-100-compensation-from-crooked-hedge-fund-manager.html","title":{"rendered":"Morgan Stanley Claws Back 100% Compensation From Crooked Hedge Fund Manager"},"content":{"rendered":"<p>Forbes &#8211; In a little publicized decision just before Christmas, the U.S District Court, Southern District, ruled that a former hedge fund bigwig, Joseph F.\u201dChip\u201d Skowron III, must forfeit $31 million compensation earned from the firm between 2007 and 2010.<\/p>\n<p>This disgorgement or forfeiture of 100% of the convicted fund manager\u2019s compensation is a huge victory for the government in its campaign to prevent investment managers using \u201cinside information\u201d from keeping fortunes made through illegal means.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/robertlenzner\/2014\/01\/16\/morgan-stanley-claws-back-31-million-compensation-from-crooked-hedge-fund-manager\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; In a little publicized decision just before Christmas, the U.S District Court, Southern District, ruled that a former hedge fund bigwig, Joseph F.\u201dChip\u201d Skowron III, must forfeit $31 million compensation earned from the firm between 2007 and 2010. [&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-40118","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40118","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=40118"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40118\/revisions"}],"predecessor-version":[{"id":40119,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40118\/revisions\/40119"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}