Tuesday, Jul 10, 2007

Hedge Fund knows it's all over

Bloomberg.com: Paulson Hedge Fund Gained 40% in June as Bear Sank

``We expect credit performance of subprime mortgages to continue to deteriorate, house prices to continue to fall and subprime financing to continue to decline, leading to the eventual collapse of the subprime mortgage market,'' Paulson managers told investors in April.

Posted by dobber @ 10:36 PM (160 views) Add Comment

1 Comment

1. dohousescrashinthewoods said...

So that's the opposite VI perspective, but perhaps not positioned as far from reality as the Fed

Wednesday, July 11, 2007 09:43AM Report Comment
 

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