{"id":7820,"date":"2008-06-02T00:00:00","date_gmt":"2008-06-02T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"candy-companies-blame-higher-prices-on-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/candy-companies-blame-higher-prices-on-hedge-funds.html","title":{"rendered":"Candy companies blame higher prices on hedge funds"},"content":{"rendered":"<p>Baltimore Sun- The price of Cadbury PLC&#8217;s Caramello candy bar is up 10 percent over the past 12 months, raising a sticky question: Are hedge funds to blame?<\/p>\n<p>Soaring cocoa prices are driving up the cost of chocolate around the world. The chocolate industry points its finger at speculative buying by professional investors, especially hedge funds.<\/p>\n<p>Hedge funds have been accused of many things over the years, including almost bankrupting countries (the 1997 Asian currency crisis), triggering a run on the pound ( George Soros in 1992), threatening the integrity of the U.S. financial system (Long-Term Capital Management in 1998) and fraud (Bayou Management LLC in 2005). This is their first fight with chocolatiers.<\/p>\n<p align=\"left\"><a href=\"..\/news\/news_land.php?i=http:\/\/www.baltimoresun.com\/business\/bal-hedge0602,0,3852563.story\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baltimore Sun- The price of Cadbury PLC&#8217;s Caramello candy bar is up 10 percent over the past 12 months, raising a sticky question: Are hedge funds to blame? Soaring cocoa prices are driving up the cost of chocolate around the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[577,574,576,465,573,277,575,60],"class_list":["post-7820","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-6-million","tag-absolute-returns","tag-hotel-address","tag-investment-fund","tag-john-meriwether","tag-papua-new-guinea","tag-settlement-price","tag-telecom-companies"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7820","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=7820"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7820\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}