SEC Seeks Paulson’s Help In CDO Probe

Feb 3 2010 | 7:49pm ET

The regulator has sent a request for information to Paulson & Co., the $30 billion New York-based hedge fund run by John Paulson, about collateralized debt obligations. Paulson made his name and fortune three years ago when he bet against the subprime mortgage market and won big, earning $15 billion for his investors.

Paulson is cooperating with the request, and is not the target of the probe. The SEC has also subpoenaed most major banks for information about their sale and marketing of CDOs.


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Publisher's Note

    Occupy GAIM Fizzles

    Jan 23 2012 | 11:26am ET

    South Florida’s version of Occupy Wall Street—Occupy Palm Beach Country—is staging what I’ve been told is a less-than-impressive protest outside the GAIM conference site. Read more…