John Paulson Bullish On Housing

During a conference call today, John Paulson, the hedge fund manager that made billions betting against the U.S. housing market, said he sees home prices climbing 8-10% in 2011. He also said he not concerned with a double dip recession, changing his view from earlier this year.

John Paulson's Paulson & Co hedge fund is at the center of Goldman Sachs (NYSE: GS) SEC fraud charges. The SEC said Goldman should have told CDO investors that Paulson help create the CDOs that he shorted and which ended up failing .

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