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From Zero Hedge:

There are some crocodile tears over at the 50th floor of 1251 Avenue of the Americas this morning.

With a holding of 168 million shares of BAC and 506 million in Citi, Paulson and Co. is down nearly $300 million on just its top two positions alone.

When one adds the other top ten positions, which include $3.5 billion worth of GLD...

Read full article...

More on John Paulson:

Super investor Paulson sends gold plummeting

George Soros and John Paulson love this gold stock

Why super investor John Paulson is betting so much on gold

Topics: Gold | Guru | Cruxallaneous
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