Source: http://finance.fortune.cnn.com/2011/01/25/paulson-cashes-in-on-citi-comeback/
Tuesday, January 25, 2011
Paulson cashes in on Citi comeback
Taxpayers aren't the only ones benefiting from the recovery�at Citigroup. Hedge fund manager John Paulson has made $1 billion on his bet on Citi (C), he said in his year-end letter to investors. Paulson, who made a fortune betting on the collapse of the housing bubble, started betting on big U.S. banks in mid-2009. At [...]
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