Paulson and Co

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Billionaire Gives $100M to NYC's Central Park

Paulson gift biggest ever given to a park

(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... More »

Goldman Crony: Investors Didn't Do Homework

Paulson goes on offensive to reassure hedge fund members

(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... More »

Greenspan Signs On With Mortgage Profiteer

Ex-Fed honcho will advise hedge fund

(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... More »

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