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.  <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>
 
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." [http://news.yahoo.com/s/ap/20100427/ap_on_bi_ge/us_goldman_sachs_investigation]
 
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'' "Everybody ought to be rich."'' John J. Raskob  
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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]
  
  

Revision as of 13:26, 27 April 2010

Alan Greenspan and John Paulson.

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." [1]

"Everybody ought to be rich." John J. Raskob (who sold his GM stocks when advising everybody to buy stocks.) [2] [3] [4] [5] [6]


See also

External links

References

  1. Hedge fund operator John Paulson a key player in SEC case against Goldman Sachs