{"id":8715,"date":"2008-09-26T00:00:00","date_gmt":"2008-09-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"auction-of-hedge-fund-managers-former-house-brings-to-mind-troubled-us-economy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/auction-of-hedge-fund-managers-former-house-brings-to-mind-troubled-us-economy.html","title":{"rendered":"Auction Of Hedge Fund Manager&#8217;s Former House Brings To Mind Troubled U.S. Economy"},"content":{"rendered":"<p>Hartford Courant &#8211; Michael Lauer&#8217;s estate in the prestigious backcountry neighborhood of this wealthy town looks almost as troubled as the U.S. economy.<\/p>\n<p> The grounds are overgrown with waist-high weeds. A pool cover is filled with filthy, stagnant water. Inside, paint is peeling around the soaring windows.<\/p>\n<p> So when the house of the disgraced hedge fund manager goes up for foreclosure auction today by the <span class=\"taxInlineTagLink\">Internal Revenue Service<\/span>, bidders will have to look for its potential &mdash; and think about how much they will have to invest to make the 7,300-square-foot contemporary livable again.<\/p>\n<p> Just like taxpayers and business managers eyeing the U.S. economy.<\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.courant.com\/business\/hc-hedgehouse0926.artsep26,0,2066303.story\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hartford Courant &#8211; Michael Lauer&#8217;s estate in the prestigious backcountry neighborhood of this wealthy town looks almost as troubled as the U.S. economy. The grounds are overgrown with waist-high weeds. A pool cover is filled with filthy, stagnant water. Inside, [&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":[68,2878,2879,2880,2237,1430,716,2845,2209,1316],"class_list":["post-8715","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-cnet","tag-dialogue","tag-fund-management-firm","tag-home-value","tag-investment-bank","tag-middle-class-taxpayers","tag-pariah","tag-r-alexander","tag-specifics","tag-subsidies"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8715","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=8715"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8715\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}