Sino-Forest Loses Paulson's Support as Stock Plunges 89%

``Paulson made his disclosure less than a week after Sino- Forest Chief Financial Officer David Horsley said in an interview that the hedge-fund manager has been "very supportive, giving us suggestions" on how to deal with Block's allegations. Sino-Forest shares have lost about C$4 billion ($4.1 billion) in value since Block released his report. "Due to the uncertainty over Sino-Forest's public disclosures and financial statements, we have sold our stock," Paulson & Co. said in an e-mailed statement.''