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CNBC Reporting Paulson Dumps Bank of America Block

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CNBC's Kate Kelly is reporting that John Paulson's Paulson & Co hedge fund has sold a large chunk of its Bank of America (NYSE: BAC) stock.

At last check, shares of Bank of America were off 14 cents to $11.00, a loss of 1.4% on 130 million shares.

 

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Posted-In: CNBC John Paulson Kate KellyShort Ideas Hedge Funds Movers & Shakers Media Trading Ideas