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Page last updated at 09:29 GMT, Tuesday, 23 March 2010

Boom from bust

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As the global banking went into meltdown and the US housing market collapsed, a hedge fund chief, John Paulson, was reeling in a cool $20bn after betting against the markets.

Gregory Zuckerman, author of The Greatest Trade Ever: How John Paulson Bet Against the Markets and Made $20 Billion, explains Mr Paulson's huge coup.

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