Another Paulson Bet Hits it Big
| March 12th, 2009 | ||
| Last year, John Paulson’s hedge fund, Paulson & Co, predicted the downfall of subprime loans and profited by more than $3 billion dollars. The hedge fund made another successfully and largely profitable bet by shorting the shares of prominent UK banks. Recent reports revealed that Paulson & Co. earned more than $400 when it unwound its large short positions that were against Lloyds Banking Group Plc and HBOS Plc. | ||
For Detailed Investor Profiles on these Investors, click below: |
Paulson & Co. |
Related People: Andrew Hoine;
Related Entities: Paulson Advantage Master Ltd;
Add a Comment |
More Recent Headlines
Agilsys Settles with Ramius Capital Group |
Green Hedge Funds to present at Wall Street Green Trading Summit |
QVT Financial goes after Trikona Trinity |
Activists voting against Executive Death Benefits |
Icahn adds another $250 Million to his shrinking war chest |
SSG Capital Management Set to Launch in April |
Warren Buffett’s Annual Shareholder Letter |
Harbinger Hires Goldman Hedge Star Asali |
Ackman wants board representation at Target Corp |
Abax Global Capital’s Founder and CEO Chris Hsu Departs |
