Paulson Digs Into Own Pocket To Guarantee Hedge Fund Credit

John Paulson is getting into the un-enviable position many hedge fund managers get when they receive a margin call: he is putting up his own capital as collateral to keep his hedge fund alive. With assets under management cut in half, Paulson digs deep to meet the call Bloomberg reports the billionaire who made a fortune predicting the U.S. housing crisis in 2007 has now pledged his personal investments in as additional collateral for a credit line the fund, Paulson & Co., has with HSBC Bank USA. Citing a filing last month with the state of New York, the report says the…