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John Paulson’s hedge fund lays off workers
The ax has fallen at John Paulson’s hedge fund. Several employees of the once-mammoth Paulson & Co. were let go Thursday amid years of poor performance, The Post has learned. Cuts were across the board but also included key veterans who have been with the fund for more than 10 years. Among the senior-level hedgies being shown the door were Keith Hannan, head of trading, Brad Rosenberg, head credit trader, and partners Victor Flores and Allen Puwalski. “We are right-sizing the firm to focus on our core expertise on areas that are growing,” a firm spokesman told The Post, declining to comment on specific ... (full story)