{"id":9140,"date":"2008-11-17T00:00:00","date_gmt":"2008-11-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"billionaire-feels-lucky-he-didnt-buy-steelers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2008\/billionaire-feels-lucky-he-didnt-buy-steelers.html","title":{"rendered":"Billionaire feels &#8216;lucky&#8217; he didn&#8217;t buy Steelers"},"content":{"rendered":"<p>Pittsburgh Tribune Review &#8211; On Oct. 5, philanthropist and hedge fund billionaire Stanley Druckenmiller sat in his New York den, watching the Steelers play in Jacksonville.<\/p>\n<p>Two weeks before, he yanked an offer worth more than $800 million to buy the fabled Pittsburgh franchise, and now the quarterback of his beloved Black and Gold was scrambling to escape the clutches of the Jaguars, en route to a narrow 26-21 victory in Florida.<\/p>\n<p>But during every commercial, Druckenmiller scrambled to a nearby room, where computer screens tracked the daytime tumult of Asia&#8217;s financial markets &#8212; Tokyo&#8217;s Nikkei 225 average crashing more than 11 percent, Hong Kong&#8217;s Hang Seng index tanking, the Bombay Sensex plummeting.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.pittsburghlive.com\/x\/pittsburghtrib\/news\/cityregion\/s_598760.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pittsburgh Tribune Review &#8211; On Oct. 5, philanthropist and hedge fund billionaire Stanley Druckenmiller sat in his New York den, watching the Steelers play in Jacksonville. Two weeks before, he yanked an offer worth more than $800 million to buy [&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":[2692,673,678,2254,680,2872,2003,2611,3752,1129,2092,901,2002],"class_list":["post-9140","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-advisory-services","tag-carnage","tag-domicile","tag-fundamental-reasons","tag-initial-capital-investment","tag-investor-support","tag-mellon-financial-corp","tag-pact","tag-palm-beach-kennel-club","tag-singapore","tag-term-swap","tag-tide","tag-toronto-stock-exchange"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9140","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=9140"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9140\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}