No Redemptions Yet At Paulson As Firm Comforts Clients

Apr 21 2010 | 7:54am ET

Paulson & Co. has begun a full-court press to reassure its clients that the firm is in no danger from the fraud case against Goldman Sachs that prominently features the $32 billion New York-based hedge fund.

On Monday, firm founder John Paulson spoke with about 100 investors on a conference call. Yesterday, he sent a letter defending the firm’s conduct in the collateralized debt obligation in question, which Paulson paid Goldman $15 million to structure and market.


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