BUSINESS

How Henry Paulson Tipped Off Hedge Funds To Fannie-Freddie

11/29/2011 09:31 am ET | Updated Nov 29, 2011

Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier, Bear Stearns Cos. had sold itself for just $10 a share to JPMorgan Chase & Co. (JPM)

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