The vultures are circling John Paulson - whose funds are down sharply this year - making lowball...

|By:, SA News Editor

The vultures are circling John Paulson - whose funds are down sharply this year - making lowball offers on some of his holdings, and attempting to frontrun others he may have to sell to raise cash. Sources inside the Paulson camp say redemptions aren't an issue, but the hedge fund community isn't buying it.