Salient to Investors:
John Paulson at Paulson & Co. said he has reduced bets that the EU sovereign-debt crisis would worsen following ECB comments in July that it was committed to preserving the euro. Paulson said the recovery in housing is a bright spot in the U.S. economy.
Read the full article at http://www.bloomberg.com/news/2012-12-04/paulson-said-to-blame-bet-against-europe-for-most-of-loss.html