{"id":67427,"date":"2019-01-09T01:22:32","date_gmt":"2019-01-09T06:22:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=67427"},"modified":"2019-01-09T01:22:32","modified_gmt":"2019-01-09T06:22:32","slug":"hedge-fund-titans-baupost-d-e-shaw-caught-in-pge-value-trap","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2019\/hedge-fund-titans-baupost-d-e-shaw-caught-in-pge-value-trap.html","title":{"rendered":"Hedge Fund Titans Baupost, D.E. Shaw Caught in PG&#038;E Value Trap"},"content":{"rendered":"<p>(Bloomberg) Top hedge funds scooped up or held shares of PG&#038;E Corp. in the third quarter, with the beaten down stock of the California utility appearing to be a good value. Since then it has taken more pounding. Shares fell 22 percent Monday on fears that the utility could file for bankruptcy to deal with as much as $30 billion in liabilities from wildfires. PG&#038;E is down about 59 percent since Sept. 30, the date of the last filings for big investors.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-07\/hedge-fund-titans-baupost-d-e-shaw-caught-in-pg-e-value-trap\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Top hedge funds scooped up or held shares of PG&#038;E Corp. in the third quarter, with the beaten down stock of the California utility appearing to be a good value. Since then it has taken more pounding. Shares fell [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67427","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67427","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=67427"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67427\/revisions"}],"predecessor-version":[{"id":67428,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67427\/revisions\/67428"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=67427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=67427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=67427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}