Hedge fund managers mint billions!

Hedge fund managers mint billions!

BS Reporter / Mumbai April 16, 2008

Hedge fund managers are making money that once seemed unimaginable!

John Paulson, founder of Paulson & Company, made $3.7 billion in 2007 by betting against collateralized debt obligations and complex financial products that held them.

Hedge fund managers James H. Simons and George Soros each earned almost $3 billion last year, according to an annual ranking of top hedge fund earners by Institutional Investor