25 billions euros has been pumped into Greece's top four banks in recent years. They're all majority-owned by the country's bank rescue fund. Greek bank stocks have also lost almost a third of their value this year - while equities have generally staged a recovery. Why then are U.S. billionaire investor John Paulson - and reportedly several other American hedge funds - ready to invest? Richard Hunter is Head of Equities at Hargreaves Lansdown.
According to Reuters sources, Allergan shareholder John Paulson is urging the company to merge with Shire. CNBC's Dominic Chu has the details.
John Paulson, president of Paulson & Co. Inc., tells WSJ's Francesco Guerrera how and why the salaries of top hedge fund managers have grown tremendously. Photo/Video: NYU
During a panel at NYU on 'The Changing Face of Wall Street,' WSJ's Francesco Guerrera asks hedge fund manager John Paulson of Paulson & Co. Inc., whether his funds would be available to common investors. Photo/Video: NYU
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