{"id":40371,"date":"2014-01-31T06:51:31","date_gmt":"2014-01-31T11:51:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40371"},"modified":"2014-01-31T06:51:31","modified_gmt":"2014-01-31T11:51:31","slug":"court-dismisses-goldman-sachs-hedge-fund-appeal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2014\/court-dismisses-goldman-sachs-hedge-fund-appeal.html","title":{"rendered":"Court dismisses Goldman Sachs hedge fund appeal"},"content":{"rendered":"<p>Sydney Morning Herald &#8211; An Australian hedge fund that lost $US67 million when it bought toxic mortgages from Goldman Sachs is a step closer to having its day in court against the investment bank, after a New York court quashed Goldman\u2019s attempt to have the case thrown out.<\/p>\n<p>In a case launched in 2010, Basis Yield Alpha Fund is claiming the Wall Street giant engaged in fraud when it sold sub-prime securities it knew were junk in 2007, and then bet against the assets when the global financial crisis hit.<\/p>\n<p><a href=\"http:\/\/www.smh.com.au\/business\/court-dismisses-goldman-sachs-hedge-fund-appeal-20140131-31rtc.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sydney Morning Herald &#8211; An Australian hedge fund that lost $US67 million when it bought toxic mortgages from Goldman Sachs is a step closer to having its day in court against the investment bank, after a New York court quashed [&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-40371","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40371","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=40371"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40371\/revisions"}],"predecessor-version":[{"id":40372,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40371\/revisions\/40372"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}