{"id":8207,"date":"2008-07-28T00:00:00","date_gmt":"2008-07-28T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"former-hedge-fund-head-files-against-citigroup","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2008\/former-hedge-fund-head-files-against-citigroup.html","title":{"rendered":"Former hedge fund head files against Citigroup"},"content":{"rendered":"<p>International Herald Tribune- A former manager of a Citigroup Inc hedge fund has filed a complaint with a British tribunal accusing the bank of causing his fund&#8217;s demise, the Wall Street Journal reported on Saturday, citing people familiar with the&nbsp;matter.  <\/p>\n<p>In a sealed complaint filed last month with a state-run employment tribunal, John Pickett, who ran a hedge fund known as CSO Partners that specialized in corporate debt, accuses the bank of pressuring CSO to buy billions of dollars in troubled loans, the newspaper&nbsp;reported.<\/p>\n<p>Pickett said the loans undermined CSO and led to his resignation. Citigroup called the complaint &quot;without merit,&quot; the Journal&nbsp;said.<\/p>\n<p><strong><a href=\"..\/news\/news_land.php?i=http:\/\/www.iht.com\/articles\/reuters\/2008\/07\/26\/business\/OUKBS-UK-CITIGROUP-WSJ-REPORT.php\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>International Herald Tribune- A former manager of a Citigroup Inc hedge fund has filed a complaint with a British tribunal accusing the bank of causing his fund&#8217;s demise, the Wall Street Journal reported on Saturday, citing people familiar with the&nbsp;matter. [&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":[140,1476,145,1745,1746,147,65,551,870,578,1744,948,699,807],"class_list":["post-8207","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-alan-greenspan","tag-ambiguity","tag-curbs","tag-fixed-income-markets","tag-free-sources","tag-journalism","tag-june-14","tag-mayhem","tag-onshore","tag-private-equity-investors","tag-sexual-discrimination","tag-subsidiaries","tag-volatility","tag-withdrawls"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8207","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=8207"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8207\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}