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Reuters: John Paulson looking to buy distressed debt: report

Started by chris, December 31, 2008, 11:59:36 AM

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chris

John Paulson looking to buy distressed debt: report
      


(Reuters) - John Paulson, who runs the $36 billion hedge fund firm Paulson &amp; Co, is looking to buy distressed mortgages and distressed debt, despite being bearish on the overall economy, Bloomberg reported.<div class="feedflare">
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