Paulson and Co

(Newser) - Hedge fund manager John Paulson is parting with a chunk of his $11 billion fortune to make what is believed to be the biggest donation a park has ever received. Paulson, who made his fortune betting against subprime mortgages before the housing market crashed, is giving $100 million to preserve...

(Newser) - John Paulson—the hedge fund billionaire at the center of the deal that's brought misery on Goldman Sachs—has escaped criminal charges. But the Wall Street Journal reports that he's sweating at least a little to keep investors in his massive Paulson & Co. fund from jumping ship. He had...

(Newser) - The government is accusing Wall Street powerhouse Goldman Sachs of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering. The SEC today announced civil fraud charges against Goldman and one of its vice presidents. The agency alleges Goldman failed...

(Newser) - 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...