| 15.02.2011 - Singapore sovereign fund offers $1.5 bln for Paulson-owned resorts |
| From Bloomberg: Government of Singapore Investment Corp., a sovereign-wealth fund, offered to pay $1.5 billion for a group of bankrupt resorts owned by investors including the hedge fund Paulson & Co. The fund seeks to buy five resorts, one of its lawyers, Michael Sage, said in an interview after unveiling the offer at a bankruptcy court hearing yesterday in New York..............................................Full Article: Source |