Citigroup's $500M Paulson Hedge Fund Pullout

Aug. 23 (Bloomberg) -- Bloomberg's Julie Hyman reports that Citigroup Inc.’s private bank is pulling about $500 million from Paulson & Co., the hedge fund run by billionaire John Paulson seeking to reverse record losses in 2011, according to two people familiar with the matter. She speaks on Bloomberg Television's "Money Moves."

What the Oil Market Needs From OPEC
00:53 - Edward Djerejian, former U.S. ambassador to Syria, comments on the partial cease-fire in Syria’s war and the oil market rout. He speaks with Bloomberg's Betty Liu on "Bloomberg Markets." (Source: Bloomberg)
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