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July 25, 2008 8:03:34 AM CDT


Stories related to: John Paulson

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2 Stories

  • April 2008
    • Paydays That Make Even Wall Streeters Blush

      Paydays That Make Even Wall Streeters Blush

      Some Wall Street hedge-fund managers earned billions betting against the market last year, with the top of the class, John Paulson, shaking loose $3.7 billion, the New York Times reports. With the US median family income at $60,500, the booty embarrassed even some of his Wall Street peers. “It’s not illegal,” said Pimco's CIO. “But it’s ugly." More »

      Tags

      subprime mortgages   Wall Street   hedge fund   executive compensation   George Soros   John Paulson   James Simons

  • January 2008
    • Greenspan Signs On With Mortgage Profiteer

      Greenspan Signs On With Mortgage Profiteer

      Paulson & Co. made a fortune as the mortgage crisis unfolded, and now the hedge fund has hired the man some say caused the meltdown. Alan Greenspan, whose actions as chairman of the Fed have been under fire lately, today agreed to advise the firm, which saw one fund rise 590% on bearish housing plays and is betting things get worse, the Wall Street Journal reports. More »

      Tags

      housing crisis   mortgage crisis   hedge fund   Alan Greenspan   John Paulson

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