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Woodshedder
Joined Nov 11, 2007
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FLASH: Paulson Cuts Bank of America Stake in Half

chessNwine Mon Aug 15, 2011 7:10pm EST 3 Comments

Billionaire investor John Paulson, whose flagship funds have lost roughly 30 percent this year, cut his position in Bank of America in half in the second quarter.

FULL STORY HERE

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3 comments

  1. Jared
    Jared
    August 15, 2011 at 7:16 pm

    This was a way aggressive move on his part. He sold a little too early though

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  2. Gary
    Gary
    August 15, 2011 at 9:28 pm

    I disagree after that court decision this evening. Sure seems like the first win in litigation. The decision limits litigation to only $31 billion in securities instead of $356 billion.

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