Topic: John Paulson
According to the fraud complaint against Goldman Sachs (GS), the SEC alleges that John Paulson, manager of a large hedge fund company, paid $15 million to get GS to structure a synthetic derivative which would allow him to short billions of dollars ...
A Wall Street participant who wishes to remain anonymous says: Perhaps the reason that Goldman Sachs is so outraged at being accused of playing the investors in Abacus by concealing from them material information--that John Paulson played a big role in selecting ...
Even as the markets have climbed from recent lows, the financial news is fraught with tales of villainy. Attorney and investor Bill Singer reminds us that "If all those Wall Street wizards are so smart, then why are they working for a ...
Born in the lower middle-class New York borough of Queens, John Paulson is the biggest-earning man in the world's top-earning industry. Paulson's success from others' misfortune has drawn comparisons with George Soros, who made millions from the Bank of England's woes in ...
Pimco is working to raise money for a $5 billion fund to purchase tranches of depressed mortgage-backed debt (see London Telegraph Telegraph article and Bloomberg Bloomberg article).. The fund will invest in senior and super-senior securities backed by commercial and residential mortgages. ...
