Paulson made a surprise disclosure in May that he started buying Hewlett-Packard shares during the early part of 2011. His Paulson & Co. hedge fund is hardly known for plowing money into tech stocks, so the buying binge was eye-opening. ... Unfortunately for Paulson and other investors, H-P shares have been clobbered in 2011, even before today’s decline. Based on back of the envelope math, Paulson’s paper loss on H-P is more than $500 million. [Deal Journal]
John Paulson Could Use A Hug Right Now, But Also Like A Billion Dollars
They say it's not the assets under management that counts!
You Can Take The AIG Out Of Paulson & Co., But You Can't Take John Paulson Out Of AIG
Dumping stock in a company whose board you currently sit on is, among other things, an extremely Paulson move.