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." [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
