Paulson Admits 'Mistake' In Conference Call

Oct 12 2011 | 6:45am ET

Paulson & Co. moved into damage-control mode yesterday during a conference call with investors, days after telling them that its flagship fund was down 47% this year.

The leaders of the New York-based firm, including founder John Paulson, took time to explain what happened in September, when all of its funds lost double-digits, and what they plan to do about it.


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Publisher's Note

    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…