Former Federal Reserve chief AlanGreenspan will join the advisory board of New York-based hedge fund managerPaulson & Co., MarketWatch, a service of Dow Jones, has confirmed.
Greenspan reportedly will advise fundfounder John Paulson, who earned billions of dollars last year by bettingagainst the housing market, on international matters.
Paulson started his investmentPaulson Partners in 1994 after leaving Bear Stearns where he was a managingdirector.