Long Term Capital Management

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Paulson says credit crisis far from over

Jun 19, 2008By

No, no that Paulson. Instead, we’re talking about John Paulson, the hedge fund manager that moved to the top of the class by shorting subprime in 2007 — and the now-iconic investor thinks the crisis yet has legs. At the GAIM International 2008 hedge fund conference in Monaco, Paulson said a recession was coming, and that a huge opportunity in distressed debt was on the horizon. Via Reuters:

3d rendering of a row of luxury townhouses along a street

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