GOOD DAY FOR: Hedging bets, as hedge fund manager John Paulson earned $3.7 billion last year by betting on last year’s subprime mortgage collapse. Paulson topped the list of best-paid hedge fund managers compiled by Institutional Investor’s Alpha Magazine. George Soros came in at No. 2, with $2.9 billion, and James Simons was next, earning $2.8 billion. (Bloomberg)
BAD DAY FOR: Plastics, after a draft government report found that bisphenol A (BPA), a potentially harmful chemical common in consumer plastic products, was found in 93 percent of people 6 and older. In rodent studies, BPA reduced infant survival, birth weight, and growth, and delayed the onset of puberty. An earlier study found that BPA leached from several popular baby bottles when heated. (MarketWatch)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
