Added by Institutional Analyst Inc. on August 22, 2011 at 10:30am — No Comments
It’s hard to feel bad for a guy who cashed a $5 billion paycheck last year. But we are feeling mild twinges of pity for hedge-fund billionaire John Paulson.
His hedge fund this year is getting crushed by falling stock prices of financial stocks. He was taking it on the chin thanks to declines in mining shares, though many of those stocks are perking up lately. And now — sorry, John — his Hewlett-Packard investment is blowing up in his face.
Paulson made a surprise…
Added by Institutional Analyst Inc. on August 22, 2011 at 10:15am — No Comments