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	<title>Betabeat &#187; alphonse buddy fletcher</title>
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		<title>Master Hedge Fund of Buddy Fletcher, Ellen Pao&#8217;s Husband, Files for Bankruptcy</title>

		<comments>http://betabeat.com/2012/07/master-hedge-fund-of-buddy-fletcher-ellen-paos-husband-files-for-bankruptcy/#comments</comments>
		<pubDate>Thu, 05 Jul 2012 16:34:32 -0400</pubDate>
					<link>http://betabeat.com/2012/07/master-hedge-fund-of-buddy-fletcher-ellen-paos-husband-files-for-bankruptcy/</link>
			<dc:creator>Jessica Roy</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=53493</guid>
		<description><![CDATA[<p><div id="attachment_53499" class="wp-caption alignleft" style="width: 310px"><a href="http://s3.amazonaws.com/kpcbweb/partners/30/grid_10/IMG_3798lowres.jpg?1317691379"><img class="size-medium wp-image-53499" title="IMG_3798lowres" src="http://nyobetabeat.files.wordpress.com/2012/07/img_3798lowres.jpeg?w=300" alt="" width="300" height="225" /></a><p class="wp-caption-text">(Photo: KPCB)</p></div></p>
<p>The gender discrimination suit <a href="http://betabeat.com/2012/06/kleiner-perkins-response-ellen-pao-gender-discrimination/">filed</a> by Kleiner Perkins partner Ellen Pao against her employer has hit a potential snag. The hedge fund run by Ms. Pao's husband, Alphonse "Buddy" Fletcher, has filed for bankruptcy, <a href="http://finance.fortune.cnn.com/2012/07/05/fletcher-hedge-kleiner-perkins/">according</a> to Dan Primack at <em>Fortune</em>.</p>
<p>Mr. Primack points out that while the bankruptcy and the suit could easily be unrelated, the possibility of family financial disaster could provide a motive for Ms. Pao seeking damages against the company.</p>
<p><!--more-->He <a href="http://finance.fortune.cnn.com/2012/07/05/fletcher-hedge-kleiner-perkins/">writes</a>:</p>
<blockquote><p>If Kleiner Perkins did what Pao claims, then its motivation for lying would be fairly obvious: Protect its reputation and its assets.</p>
<p>If Pao is the one making up stories, now we have a possible explanation as for why: She needs a big, and quick, payday to help salvage her family's deteriorating financial situation.</p></blockquote>
<p>Mr. Fletcher also has as somewhat litigious past, a fact some proponents of Kleiner Perkins have brought up in defense of the firm.</p>
<p>Of course, this could mean nothing and everything, but both points do make the landmark lawsuit rather murky.</p>
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		<content:encoded><![CDATA[<p><div id="attachment_53499" class="wp-caption alignleft" style="width: 310px"><a href="http://s3.amazonaws.com/kpcbweb/partners/30/grid_10/IMG_3798lowres.jpg?1317691379"><img class="size-medium wp-image-53499" title="IMG_3798lowres" src="http://nyobetabeat.files.wordpress.com/2012/07/img_3798lowres.jpeg?w=300" alt="" width="300" height="225" /></a><p class="wp-caption-text">(Photo: KPCB)</p></div></p>
<p>The gender discrimination suit <a href="http://betabeat.com/2012/06/kleiner-perkins-response-ellen-pao-gender-discrimination/">filed</a> by Kleiner Perkins partner Ellen Pao against her employer has hit a potential snag. The hedge fund run by Ms. Pao's husband, Alphonse "Buddy" Fletcher, has filed for bankruptcy, <a href="http://finance.fortune.cnn.com/2012/07/05/fletcher-hedge-kleiner-perkins/">according</a> to Dan Primack at <em>Fortune</em>.</p>
<p>Mr. Primack points out that while the bankruptcy and the suit could easily be unrelated, the possibility of family financial disaster could provide a motive for Ms. Pao seeking damages against the company.</p>
<p><!--more-->He <a href="http://finance.fortune.cnn.com/2012/07/05/fletcher-hedge-kleiner-perkins/">writes</a>:</p>
<blockquote><p>If Kleiner Perkins did what Pao claims, then its motivation for lying would be fairly obvious: Protect its reputation and its assets.</p>
<p>If Pao is the one making up stories, now we have a possible explanation as for why: She needs a big, and quick, payday to help salvage her family's deteriorating financial situation.</p></blockquote>
<p>Mr. Fletcher also has as somewhat litigious past, a fact some proponents of Kleiner Perkins have brought up in defense of the firm.</p>
<p>Of course, this could mean nothing and everything, but both points do make the landmark lawsuit rather murky.</p>
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