Paulson & Co. Says Writedowns May Reach $1.3 Trillion (Update3) - Bloomberg
Story date: 2008-06-18 09:40:00
Added on: 2008-06-18 10:25:16
June 18 (Bloomberg) -- John Paulson , founder of the hedge fund company Paulson & Co., said global writedowns and losses from the credit crisis may reach $1.3 trillion, exceeding the International Monetary Fund's $945 billion estimate. ``We're only ...
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