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Paulson Says Role in CDO Was 'Appropriate'

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Cyprus Company Formation
Dec 30, 2008
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Paulson & Co., the hedge fund that made $15 billion betting on the decline in subprime mortgages in 2007, said its role in helping to design a mortgage-linked deal sold by Goldman Sachs Group Inc. was “appropriate and conducted in good faith,” according to a letter sent to investors.


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