PAULSON & CO: Paulson’s success is no flash in the pan but based on a rigorously researched devotion to merger arbitrage, distressed and other event-driven strategies
 |
|
| "The better hedge fund managers will survive and ultimately the industry will recover and return to growth"
John Paulson, Paulson & Co |
The hedge fund industry suffered its worst year on record in 2008, with the average fund losing 18.3%.