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Paulson moves into recovery mode

07-Sep-2008
Story Timeline:  86 days

By James Mackintosh in London Paulson & Co, last year’s most successful hedge fund, has told investment bankers it is ready to consider backing rescue recapitalisations of troubled financial institutions – signalling a switch from betting against the sector to buying into it. John Paulson,... [read full story]                    

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Paulson & Co signals strategy shift

ft.com 08-Sep-2008
First article on this story:

Hedge fund Paulson to weigh buying bank stocks: report

reuters.com 07-Sep-2008
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