Linkfest 10/24/2008

• John Paulson's funds up 15-25% YTD (WSJ)
• Roubini on hedge fund panic and failures (Bloomberg)
• Current state of housing crisis in California (WSJ)
• W bottom formation in Ultra S&P500 (TBP)
• Threatening letters received by financial institutions (Reuters)
• Cheap South American plays (SeekingAlpha)