Difference between revisions of "John Paulson"
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| − | Goldman "knew of Paulson's involvement in the selection" of securities, Levin told reporters. "They knew Paulson was going short." [http://news.yahoo.com/s/ap/20100427/ap_on_bi_ge/us_goldman_sachs_investigation] | + | Goldman "knew of Paulson's involvement in the selection" of securities, Levin told reporters. "They knew Paulson was going short." <ref> [http://news.yahoo.com/s/ap/20100427/ap_on_bi_ge/us_goldman_sachs_investigation Goldman CEO denies wrongdoing in crisis]</ref> |
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| − | '' "Everybody ought to be rich."'' John J. Raskob (who sold his GM stocks when advising everybody to buy stocks.) [http://www.1929anupperclassaffair.com/players.html] [http://coat.ncf.ca/our_magazine/links/53/raskob.html] [http://books.google.es/books?id=gxkfNOsY-gcC&pg=PA329&lpg=PA329&dq=Raskob+cash+his+stocks&source=bl&ots=Yl-U-dO_lT&sig=1YQfYrEpI8x2dvZbOHMVsstxe00&hl=es&ei=ruLWS5m8OJHStgP-8MW6Ag&sa=X&oi=book_result&ct=result&resnum=2&ved=0CAoQ6AEwAQ#v=onepage&q&f=false] [http://news.google.com/newspapers?nid=1338&dat=19320603&id=CYYSAAAAIBAJ&sjid=4PQDAAAAIBAJ&pg=6394,629136] [http://www.jstor.org/pss/1070959] | + | '' "Everybody ought to be rich."'' John J. Raskob (who sold his GM stocks when advising everybody to buy stocks.) <ref> [http://www.1929anupperclassaffair.com/players.html 1929, Un Upper Class Affair]</ref> <ref> [http://coat.ncf.ca/our_magazine/links/53/raskob.html John Jakob Raskob (1879-1950)] </ref> <ref> [http://books.google.es/books?id=gxkfNOsY-gcC&pg=PA329&lpg=PA329&dq=Raskob+cash+his+stocks&source=bl&ots=Yl-U-dO_lT&sig=1YQfYrEpI8x2dvZbOHMVsstxe00&hl=es&ei=ruLWS5m8OJHStgP-8MW6Ag&sa=X&oi=book_result&ct=result&resnum=2&ved=0CAoQ6AEwAQ#v=onepage&q&f=false 100 Minds That Made the Market]</ref> <ref> [http://news.google.com/newspapers?nid=1338&dat=19320603&id=CYYSAAAAIBAJ&sjid=4PQDAAAAIBAJ&pg=6394,629136 Spokane Daily Chronicle]</ref> <ref> [http://www.jstor.org/pss/1070959 The Du Pont-General Motors Case and the Sherman Act] by George W. Stocking </ref> |
Revision as of 22:28, April 27, 2010
John Paulson (A native of Queens, born in 1955), a Harvard MBA, is an American businessman and fund operator. He is the founder and president of Paulson & Co. Forbes magazine estimated his personal wealth at $12 billion.
At the center of the transactions described in the government's fraud case against Goldman, Sachs & Co. is New York hedge fund operator John Paulson, whose firm made $15 billion in 2007 by betting that Americans would default on their home loans in droves... Ultimately, though, the biggest beneficiary of the transactions was Paulson & Co. [1]
Goldman "knew of Paulson's involvement in the selection" of securities, Levin told reporters. "They knew Paulson was going short." [2]
"Everybody ought to be rich." John J. Raskob (who sold his GM stocks when advising everybody to buy stocks.) [3] [4] [5] [6] [7]
See also
External links
- Who is John Paulson?
- Profiting From the Crash.
- John Paulson Needs A Good Lawyer by Simon Johnson.
- Great Depression Quotes 1929 vs 2008: Have We Learned Anything?
- John J. Raskob
References
- ↑ Hedge fund operator John Paulson a key player in SEC case against Goldman Sachs
- ↑ Goldman CEO denies wrongdoing in crisis
- ↑ 1929, Un Upper Class Affair
- ↑ John Jakob Raskob (1879-1950)
- ↑ 100 Minds That Made the Market
- ↑ Spokane Daily Chronicle
- ↑ The Du Pont-General Motors Case and the Sherman Act by George W. Stocking