It was the greatest opportunity of his career, hedge fund manager John Paulson told investors last year.
And so Mr Paulson raised a dedicated $1bn fund to profit from problems he predicted in the US subprime home loans market.
Hedge funds to watch: Record haul by shorting subprime
By James Mackintosh
Published: December 14 2007 04:58 | Last updated: December 14 2007 04:58
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