Still long — significantly so
However, one shouldn't overstate Paulson's response: According to a letter to his investors, the net exposure in the Paulson Recovery fund has fallen from 140% to 107% in recent weeks. In other words, the fund continues to maintain a leveraged long position. The net long exposure in Paulson's flagship Advantage fund has also declined, from 72.4% to 67.3%.

With the recovery stalling and the economy on the brink of

The show, which secretly sends executives from the boardroom to the front-lines of their own businesses, was the top new series of the 2009-10 U.S. television season with an average 17.7 million viewers.

LOS ANGELES (Reuters) – Top executives from NASCAR, DirecTV, Chiquita Brands International and waterparks company Great Wolf Resorts will take part in the second season of reality TV hit "Undercover Boss", CBS said on Wednesday.

(Reporting by Jill Serjean

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