John Paulson: The Sovereign Debt Crisis in Europe is ‘Manageable’

The sovereign debt crisis in Europe is “manageable” and doesn’t pose a risk to broader markets, John Paulson, head of hedge fund giant Paulson & Co., said Monday. “We think that process is being managed well by the European authorities and it’s unlikely to pose a systemic risk to the markets,” Paulson explained during a conference call with investors – MW