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Henry Paulson Sells at a Loss

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Former U.S. treasury secretary Henry Paulson should know a thing or two about the housing market, having overseen the Treasury during the collapse of it. Still, he expected to sell his Washington, D.C., home for a profit only to finally sell it last week for the low price of $3.25M. Paulson purchased the 1940 villa-style home for $4.3M in 2006 and had listed it for $4.6M. [Bloomberg]