{"id":17021,"date":"2010-08-02T08:13:27","date_gmt":"2010-08-02T12:13:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=17021"},"modified":"2010-08-02T08:13:27","modified_gmt":"2010-08-02T12:13:27","slug":"fund-sues-goldman-sachs-over-oil-bets","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/08\/2010\/fund-sues-goldman-sachs-over-oil-bets.html","title":{"rendered":"Fund Sues Goldman Sachs Over Oil Bets"},"content":{"rendered":"<p>WSJ\u00a0 &#8211; An emerging markets hedge fund affiliated to Citigroup (C) has sued Goldman Sachs (GS) for its alleged failure to uphold its part of a trade involving Venezuelan oil warrants.<\/p>\n<p>Emerging Markets Special Opportunities Ltd, a hedge fund managed by Citigroup affiliate EMSO Partners, claims that over a three-year period Goldman failed to deliver oil warrants it had paid for.<\/p>\n<p>In documents filed at the High Court in London in July 2009, EMSO claimed Goldman &#8220;simply refused to deliver the Venezuelan oil warrants because to do so would have reduced or negated Goldman Sachs International&#8217;s profit on the trade&#8221;.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/BT-CO-20100801-703604.html\" target=\"_blank\"><strong>Read Complete Article <\/strong><\/a>(subscription required)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ\u00a0 &#8211; An emerging markets hedge fund affiliated to Citigroup (C) has sued Goldman Sachs (GS) for its alleged failure to uphold its part of a trade involving Venezuelan oil warrants. Emerging Markets Special Opportunities Ltd, a hedge fund managed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-17021","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=17021"}],"version-history":[{"count":2,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17021\/revisions"}],"predecessor-version":[{"id":17023,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17021\/revisions\/17023"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=17021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=17021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=17021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}