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People in a Fix over Two Paulsons in Goldman Sachs Sueing Case

Recently the United States Securities and Exchange Commission sued the Goldman Sachs for conducting fraud in the housing deal. However, the person whose name has surfaced in this entire case is John A. Paulson, a hedge fund manager and founder and President of Paulson & Co. But another Paulson is putting the people in a fix. People assuming John A. Paulson to be former US Treasury Secretary for United States are totally wrong. In fact there are two Paulsons, John A. Paulson and Henry Paulson. The person in the news of Goldman Sachs is John A. Paulson, the founder and President of Paulson & Co where as Henry Paulson served as the 74th United States Treasury Secretary. Interestingly, Henry Paulson previously served as the Chairman and Chief Executive Officer of Goldman Sachs. Thus, Henry Paulson is no where related to Paulson & Co. which worked with Goldman Sachs.

Updated: June 2, 2010 — 3:45 am

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