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TownHall Latest columns: Eric Bleeker: Monday's Top Stories in 2 Minutes
The Moderate Voice: The man who predicted the financial crisis, Part I
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Fascinating article: How John Paulson and Paulo Pellegrini made billions when the housing market crashed. http://bit.ly/3pIV7B 6 days ago |
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Someone who foresaw the housing crisis and bet big on it. RT @laermer How one guy took the bet on a bad market... http://bit.ly/4E8bgC (WSJ) 6 days ago |
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Exciting story about how one guy took the bet on a bad market--and became richer than rich: http://bit.ly/4E8bgC (WSJ) 6 days ago |
Eric Bleeker: Monday's Top Stories in 2 Minutes
TownHall Latest columns —
... ) 4. How to earn $10 million a day The Wall Street Journal details how John Paulson, a somewhat obscure hedge fund manager before the crisis, decided to place major bets on housing prices collapsing. Paulson's foresight netted more than $15 billion for his hedge fund and grew his personal wealth by more than $10 million a day during 2007. (Read more at The Wall Street Journal .) 5. The iPhone gets poor reception in China Despite large amounts of fanfare, Apple 's (Nasdaq: AAPL) roll out of the iPhone in China wasn't met with much enthusiasm. The phone is being sold by China ...
Eric Bleeker: Monday's Top Stories in Two Minutes
TownHall Latest columns —
... ) 4. How to earn $10 million a day The Wall Street Journal details how John Paulson, a somewhat obscure hedge fund manager before the crisis, decided to place major bets on housing prices collapsing. Paulson's foresight netted more than $15 billion for his hedge fund and grew his personal wealth by more than $10 million a day during 2007. (Read more at The Wall Street Journal .) 5. The iPhone gets poor reception in China Despite large amounts of fanfare, Apple 's (Nasdaq: AAPL) roll out of the iPhone in China wasn't met with much enthusiasm. The phone is being sold by China ...
The man who predicted the financial crisis, Part I
The Moderate Voice —
... The weekend edition of the Wall Street Journal profiled John Paulson, whose firm made $15 billion by systematically betting against the value of American homes. Paulson himself took home $4 billion. ...
