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."

Full Show: What'd You Miss? (05/27)
54:11 - Full episode of "What'd You Miss?" Guests include: Frederik Nerbrand, HSBC's head of asset allocation, Stanley Altshuller, Novus co-founder, and Michael Blythe, Commonwealth Bank of Australia's chief economist. (Source: Bloomberg)
  • The Shanghai-Based Lip Sync App Taking the U.S. by Storm
  • NetApp CEO Kurian: Sales Weakness Is 'Temporary'
  • Are Algorithms Biased by Design?