Paulson & Co. Makes At Least $420 Million Shorting RBS Stock

The revelation that Paulson & Co., one of the world's largest hedge funds, made GBP240 million by short selling RBS stock is likely to reignite the debate over the practice
By None

The revelation that Paulson & Co., one of the world’s largest hedge funds, made GBP240 million by short selling RBS stock is likely to reignite the debate over the practice, according to Bloomberg.

Paulson reportedly held a short position of .87 percent in the troubled Royal Bank of Scotland.

jt

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