Paulson Sells Some Bank Of America, Buys A Chunk Of Citi

By Gordon Wilcox
November 13, 2009 6:30 PM

Symbols: BAC, C

Posted in: Long Ideas, News, Hedge Funds, Short Ideas, Movers & Shakers, After-Hours Center, Trading Ideas

Hedge fund genius John Paulson has pared his stake in Bank of America (NYSE: BAC) to 159 million shares from 167 million, according to recent filings on his portfolio holdings.

Paulson added a massive stake in Citigroup (NYSE: C), buying 300 million shares of the downtrodden bank.

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Paulson Sells Some Bank Of America, Buys A Chunk Of Citi

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