Bank of America warrant holders could reap 4,000% returnsMichigan’s state treasury is the largest holder, with more than 10 million warrants.
14 Jan, 2018, 01.14 PM IST
Billionaire John Paulson retains stake in biggest gold ETPGold rallied 9.3% in 2014, defying bearish forecasts from Goldman Sachs and outperforming equities and bonds amid escalating conflicts in E...
16 Aug, 2014, 11.34 AM IST
Global gold demand fell 21% in last quarter as investors pulled out of ETFsHowever prices that fell into a bear market in April have rebounded 9.2% since reaching a 34-month low on June 28 as purchases of coins and...
18 Nov, 2013, 06.01 AM IST
Jeffrey Currie, Goldman Sachs’s global commodities research head, called gold crash rightMStanley & Bank of America followed Goldman, and the slump wiped out almost $1 bn of hedge fund manager John Paulson’s personal wealth.
21 Apr, 2013, 10.29 AM IST
- Pacific group to convert a third of fund assets to gold
Asset managers are betting on the precious metal even after a 12-year rally has cemented the longest bull market in 9 decades.
22 Jan, 2013, 12.25 PM IST
- Banks and funds bullish on gold, see it rebounding to $2,000
Bullion is heading for a 12th straight annual gain, after temporarily giving up its gains for the year. The metal rose almost sixfold since...
07 Jun, 2012, 12.58 AM IST
- Gold traders get more bullish after John Paulson puts a 'buy' call on it
Gold traders are getting more bullish after billionaire hedge-fund manager Paulson told investors it's time to buy the metal as protection ...
18 Feb, 2012, 10.07 AM IST
- Paulson buys stake in HP, Transocean
Paulson & Co, the $36-bn hedge fund founded by John Paulson, took a stake in HP and increased its holding of Transocean, adding cos undergo...
19 May, 2011, 04.44 AM IST
- Soros sells gold holdings as Paulson bets rally will continue
Billionaire George Soros sold most of his physical gold holdings in the first quarter as bullion prices rallied toward a record while hedge...
18 May, 2011, 01.22 AM IST
- Goldman case: Shorting the game to win
Wall Street icon Goldman Sachs denies it misled investors who lost billions of dollars, but Main Street believes that the game was rigged f...
29 Apr, 2010, 06.37 AM IST
- Paulson’s $32 bn funds may be ‘too big to succeed’
John Paulson started the year overseeing $32 billion in hedge funds, third in the world behind JPMorgan Chase and Bridgewater Associates.
30 Mar, 2010, 12.39 AM IST
- Veterans grab investment opportunities amidst despair
The dead weight of 2008 has not affected braveheart veterans like Jim Rogers and John Paulson who are grabbing opportunities even amidst de...
01 Jan, 2009, 05.09 AM IST
- 3 private investors seek to purchase IndyMac
A trio of private investors — J C Flowers & Co, Dune Capital Management and Paulson & Co — have teamed up in an effort to buy failed thrift...
30 Dec, 2008, 06.04 PM IST
- Bush administration ponders ownership stakes in US banks
The Bush administration is considering taking part ownership in certain U.S. banks as an option for dealing with a severe global credit cri...
09 Oct, 2008, 06.57 PM IST
- White House mulls ownership stakes in banks
The Bush administration is considering taking ownership stakes in US banks for dealing with severe global credit crisis. Top US bank failur...
09 Oct, 2008, 01.19 PM IST
- Global markets remain strained: Paulson
Global financial markets remain severely strained, underscoring the need for quick action to implement the government's $700 billion rescue...
09 Oct, 2008, 08.30 AM IST
- Paulson agrees to put limit on executive pay: Report
Reversing his position, US Treasury Secretary Henry Paulson has agreed to put some limits on the pay packet of executives of bankrupt finan...
25 Sep, 2008, 03.48 PM IST