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Channel: mortgage meltdown | New York Post
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Hedgie Paulson seeks new mortgage payday

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Famed shortseller John Paulson, who earned one of Wall Street’s biggest paydays betting on the collapse of mortgage-backed bonds, is following that with a bet that he can recoup millions more from lenders that sold the soured securities. Paulson & Co. has acquired the right through bankrupt mortgage company ResCap to sue banks and others...

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