(Business Insider) August was a brutal month for some of the biggest names in the hedge fund industry. In some cases, losses in August wiped out gains for the year, and now it will be a race against time to rebound and finish the year in the black.
Bloomberg News’ Simone Foxman reports that billionaire hedge fund manager John Paulson, who runs the $19 billion Paulson & Co., got crushed in August.
Some Of Wall Street’s Biggest Hedge Fund Names Are Racing To Rescue Their Year
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