Apr
11
John Paulson: Do Not Look At The Man Behind The Hedge Fund
By
Back in February we noted how strangely fortuitous it was that in the last months of 2016, Paulson & Co. dumped about half of its stock in AIG, where John Paulson happens to have a board seat, at the same time that the insurer was plunging into a gaping $3 billion quarterly loss. This all came to light in February, when on the same day that AIG reported its godawful earnings – and watched its stock drop 9 percent – Paulson’s hedge fund filed its 13F, showing a sale of $300 million in AIG shares in the previous quarter.
Again, the timing was strangely fortuitous – even more so since the day of AIG’s earnings report was also the last day Paulson & Co. could legally file its 13F…
John Paulson: Do Not Look At The Man Behind The Hedge Fund
