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Paulson sticks with property bets

Despite big losses last year, billionaire hedge fund manager John Paulson, who made bank in 2011 by betting against subprime mortgages nationwide, is continuing to make bullish investments in residential and commercial mortgage-backed securities,...

Paulson sticks with property bets
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Foreclosed homes that made Paulson billions

The collateralized debt obligation, or CDO, that made hedge funder John Paulson $1 billion and has since landed Goldman Sachs in the throes of a civil fraud suit was comprised of about 500,000 mortgages...

Foreclosed homes that made Paulson billions
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