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Paulson's Gold Fund Limps Forward

John Paulson

In an investor briefing being distributed this week, John Paulson will reveal that his gold fund fell more than 10 percent for the first two months of this year, said people familiar with the numbers.

Mervyn King Backs Bank Nationalisation - Five Years Too Late

Never Too Late To Be Great

The mood towards the bailed-out banks turns on a sixpence. In the space of the past fortnight the government has floated the idea of a share give away of shares in Royal Bank of Scotland, ruled out a full nationalisation of the Edinburgh-based bank, and lowered the hurdle price at which the sell-offs could begin of RBS and Lloyds Banking Group.