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Paulson’s Main Fund Suffers a Sharp Loss in August

The firm’s risk arbitrage strategy lost money once again in August and is now off by double digits for the year.

      John Paulson, Paulson & Co. (photo credit: Bloomberg) John Paulson apparently can’t stop the bleeding. The once-celebrated billionaire hedge fund manager, who made billions during the financial crisis betting against subprime mortgages, continues to suffer sizable losses in his main merger arbitrage strategy. The Schroder GAIA Paulson Merger Arbitrage fund, a

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