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Hedge Fund Manager Said To 'Lose' $460m In A Single Day

Money Down the Toilet

Hedge fund manager John Paulson is said to have been nursing a paper loss of up to $460m Friday, after a long position in Sino-Forest Corporation (Sino-Forest), a commercial forest plantation operator in the People Republic of China, got bashed big time last week.



Walt Disney Statue Michael Sult

Disney posts huge earnings beat

Walt Disney blew past Wall Street's expectations Tuesday, reporting earnings per share and revenue that were both higher than even the most optimistic of more than two dozen estimates on Wall Street.