{"id":7623,"date":"2008-04-30T00:00:00","date_gmt":"2008-04-30T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"inside-citi-a-hedge-fund-push-blows-up","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2008\/inside-citi-a-hedge-fund-push-blows-up.html","title":{"rendered":"Inside Citi, a Hedge-Fund Push Blows Up"},"content":{"rendered":"<p>Wall Street Journal- When Citigroup Inc. was launching a pair of hedge funds last year, it didn&#8217;t have to look far for investors. Brokers at the firm&#8217;s Smith Barney unit drummed up hundreds of millions of dollars from retail clients, including some who were told the fixed-income funds were a safe place to stash money.<\/p>\n<p>Since then, the hedge funds, devastated by the credit crunch, have plunged by 75% or more in value. <\/p>\n<p><strong>R<\/strong><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/online.wsj.com\/article\/SB120942812485451263.html?mod=todays_us_nonsub_money_and_investing\" target=\"_blank\"><strong>ead Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street Journal- When Citigroup Inc. was launching a pair of hedge funds last year, it didn&#8217;t have to look far for investors. Brokers at the firm&#8217;s Smith Barney unit drummed up hundreds of millions of dollars from retail clients, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7623","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7623","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7623"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7623\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}