The euro is structurally flawed and fated to fall apart, writes John Paulson in a letter to his...

|By:, SA News Editor

The euro is structurally flawed and fated to fall apart, writes John Paulson in a letter to his investors. "Europe is saved," tweets ZH, no doubt thinking of Paulson's status switch from investing giant to contrary indicator. After riding BofA and Citi all the down in a disastrous 2011, Paulson exited the positions before their big 2012 rally.