Paulson, Lippmann named in congressional financial crisis report

The Senate concludes a two-year investigation into the causes of the Great Recession.

A major new government report on the causes of the financial crisis reiterates the controversial role John Paulson, Greg Lippmann and other hedge fund figures played in some of the largest bets on the housing market.

Released late Wednesday, the 635-page report from the Senate Permanent Subcommittee on Investigations concludes a two-year bipartisan inquiry led by Senators Carl Levin (D-Mich.)

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