Difference between revisions of "John Paulson"
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− | 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. | + | 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.<ref>[http://articles.latimes.com/2010/apr/17/business/la-fi-goldman-paulson17-2010apr17 Hedge fund operator John Paulson a key player in SEC case against Goldman Sachs]</ref> |
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+ | 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 | + | '' "Everybody ought to be rich."'' John J. Raskob (who sold his GM stocks while 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>[https://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> |
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== External links == | == External links == | ||
− | *[ | + | *[https://www.cnbc.com/id/36599539/Who_is_John_Paulson Who is John Paulson?] |
+ | *[http://online.wsj.com/article/SB10001424052748703574604574499740849179448.html Profiting From the Crash.] | ||
*[http://baselinescenario.com/2010/04/18/john-paulson-needs-a-good-lawyer/ John Paulson Needs A Good Lawyer] by Simon Johnson. | *[http://baselinescenario.com/2010/04/18/john-paulson-needs-a-good-lawyer/ John Paulson Needs A Good Lawyer] by Simon Johnson. | ||
*[http://www.chartingstocks.net/2009/02/great-depression-quotes-1929-vs-2008-have-we-learned-anything/ Great Depression Quotes 1929 vs 2008: Have We Learned Anything?] | *[http://www.chartingstocks.net/2009/02/great-depression-quotes-1929-vs-2008-have-we-learned-anything/ Great Depression Quotes 1929 vs 2008: Have We Learned Anything?] | ||
*[http://www.nndb.com/people/197/000058023/ John J. Raskob] | *[http://www.nndb.com/people/197/000058023/ John J. Raskob] | ||
+ | *[http://pqasb.pqarchiver.com/djreprints/access/405834901.html?dids=405834901:405834901&FMT=ABS&FMTS=ABS:AI&type=historic&date=Jun+04%2C+1932&author=&pub=Wall+Street+Journal&desc=RASKOB+APPEARS+AT+STOCK+PROBE&pqatl=google RASKOB APPEARS AT STOCK PROBE] | ||
== References == | == References == | ||
<references/> | <references/> | ||
− | + | {{DEFAULTSORT:Paulson, John}} | |
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[[Category:Economics]] | [[Category:Economics]] |
Latest revision as of 15:59, April 9, 2019
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 while 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
- RASKOB APPEARS AT STOCK PROBE
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