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Tim Pearson
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Old 09-08-2010, 10:40 PM
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Default Mortgage-Shorting Billionaire John Paulson's Hedge Fund Down Big This Year

Amid a broader outpouring of funds from the hedge fund industry this summer, famous mortgage-market short-seller John Paulson has racked up additional losses in one of its most difficult years on record, the Financial Times reports. Paulson's $9 billion Advantage Plus fund lost 4.3 percent in August, the FT says, "according to an investor." The company's $3 billion Recovery fund fell 9.1 percent ...
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