{"id":9034,"date":"2008-11-04T00:00:00","date_gmt":"2008-11-04T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"vw-squeeze-may-hit-hedge-funds-frozen-by-lehman","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2008\/vw-squeeze-may-hit-hedge-funds-frozen-by-lehman.html","title":{"rendered":"VW squeeze may hit hedge funds frozen by Lehman"},"content":{"rendered":"<p>Reuters &#8211; Several hedge funds with assets frozen at Lehman Brothers may have been hit by wrong-way bets on Volkswagen, industry executives said, possibly hurting funds on trades they cannot close.       <\/p>\n<p>While no money has yet been demanded by the prime brokerage unit of Lehman &#8212; which filed for bankruptcy protection in September &#8212; a fund using Lehman to short-sell VW may have to pay up next year when administrators have worked out which positions belong to whom.<\/p>\n<p>&quot;Could there be some people who are short Volkswagen and can&#8217;t close the trade? Yes, there could be some,&quot; said one hedge fund executive who declined to be named, in order to speak candidly.<\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/hedgeFundsNews\/idUSLNE4A204R20081103\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Several hedge funds with assets frozen at Lehman Brothers may have been hit by wrong-way bets on Volkswagen, industry executives said, possibly hurting funds on trades they cannot close. While no money has yet been demanded by 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":[2029,546,784,117,96,97,129,3435,173,47,1394],"class_list":["post-9034","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bankruptcy-code","tag-bias","tag-dislocations","tag-investment-arm","tag-lehman-brothers-holdings","tag-lengthy-prison-terms","tag-losses","tag-steep-rise","tag-strategist","tag-third-party","tag-top-managers"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9034","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=9034"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9034\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}