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Paulson’s BofA-Citi-Wells switcheroo

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John Paulson’s quarterly 13F filing was released late on Monday and the headlines make for interesting reading. We may go through it in more detail later but we thought this portfolio change-up was worth noting right away:

Monday, August 15, 2011 5:25:30 PM RTRS – PAULSON & CO INC RAISES SHARES STAKE IN WELLS FARGO & CO WFC.N BY 64 PCT TO 33.6 MLN SHARES

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