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Birthday : 12/14/1955
Place of birth : New York (New York) - United States
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Biography : John Paulson is the boss of the investment fund Paulson & Co. founded in 1995. It’s thanks to...

Paulson Sees 50% Chance of Euro Breakup

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07/23/2012 | 05:45pm EST

John Paulson told Paulson & Co. investors Monday that he sees a 50% chance of a euro breakup, Bloomberg News reported, citing an investor who listened to a second-quarter conference call.

Mr. Paulson said an event leading to a breakup could take place in three months to two years, Bloomberg reported.

In February, Mr. Paulson said the euro was "structurally flawed and will likely eventually unravel," Bloomberg reported at the time.

The report Monday also said Paulson & Co. has reduced net exposure on its Advantage, Credit and Recovery funds.

Full story at: http://www.bloomberg.com/news/2012-07-23/john-paulson-said-to-see-50-chance-that- uro-will-fail.html

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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