{"id":12928,"date":"2009-11-11T08:26:25","date_gmt":"2009-11-11T12:26:25","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12928"},"modified":"2009-11-11T08:38:01","modified_gmt":"2009-11-11T12:38:01","slug":"12928","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2009\/12928.html","title":{"rendered":"Hedge fund Paulson &#038; Co raises bet on Cadbury"},"content":{"rendered":"<p>Reuters &#8211; Hedge fund firm Paulson &amp; Co, which earned billions with savvy bets during the credit crisis, has doubled its stake in candy maker Cadbury Plc, according to a regulatory filing released on Tuesday.<\/p>\n<p>The New York-based hedge fund now owns 28.5 million shares, or 2.08 percent, of Cadbury after it bought 14.8 million shares for 759.59 pence, the British regulatory filing shows.<\/p>\n<p>Paulson&#8217;s founder, John Paulson ranks as one of the $1.5 trillion hedge fund industry&#8217;s best traders and cemented his reputation by defying conventional wisdom with bets U.S. housing prices could fall on a national scale. With that bet, Paulson became the industry&#8217;s highest-paid manager by earning more than $3 billion in 2007.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.reuters.com\/article\/rbssConsumerGoodsAndRetailNews\/idUSN1012528920091110\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge fund firm Paulson &amp; Co, which earned billions with savvy bets during the credit crisis, has doubled its stake in candy maker Cadbury Plc, according to a regulatory filing released on Tuesday. The New York-based hedge fund [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1479,11148,1422],"class_list":["post-12928","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-credit-crisis","tag-hedge-fund","tag-stake"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12928"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12928\/revisions"}],"predecessor-version":[{"id":12930,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12928\/revisions\/12930"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}