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John Paulson

Fund's Bet On Post-Failure Lehman Brothers Could Reap Huge Rewards

Wall Street Journal | MATT WIRZ, MIKE SPECTOR and TOM MCGINTY | Posted 07.10.2011 | Business

Hedge-fund manager John Paulson made $4 billion betting against subprime mortgages, the market that ultimately helped destroy Lehman Brothers Holdings...

25 Hedge Fund Managers Make as Much Money as 1,150,000 Average Americans

David Wallechinsky | Posted 06.06.2011 | Business
David Wallechinsky

A group of 25 hedge fund executives in 2010 managed to earn a combined $22.1 billion -- an amount equivalent to 441,400 American households each making $50,000 a year.

25 Richest Hedge Fund Managers Made $22 Billion Last Year

Posted 06.01.2011 | Business

Corrects paragraph to say $4.9 billion, instead of million NEW YORK (By Matthew Goldstein) - The richest 25 hedge fund managers made a bit less...

Wall Street Wins Big in Deficit Battle

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Closing a tax loophole on just the 25 top hedge fund managers would pull in twice the revenue as freezing the wages of 2 million federal employees. Apparently the new math of "equality of sacrifice" means that 25 people equals 2 million.

No Mr. Boehner, America is Not "Broke"

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

All of the "America is broke", "just stop the spending" rhetoric sounds very appealing until you start looking at who is hurt by the cuts, and who benefits by not paying their fair share to finance government.

Wall Street Robber Baron Nets $2.4 Million an Hour While 28 Million Need Jobs

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Yes, there is a connection between the hedge fund manager's magnificent 2010 haul and our 29 million unemployed. But it's not just John Paulson. It's the entire class of financial billionaires and their junior wannabes.

Wall Street's Record $135 Billion Payday, the Village Blacksmith, and Mr. John Paulson's Billions

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

With today's headlines of Wall Street's record payout while millions are still out of work or dispossessed from their homes something is clearly wrong.

Fed Gave Loans To Rich Investors During The Crisis | SEWELL CHAN and BEN PROTESS | Posted 05.25.2011 | Business

The investors, whose identities were disclosed as part of a trove of 21,000 records released on Wednesday at the direction of Congress, are a cross-se...

How John Paulson Made $5 Billion Last Year

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

The secret to the spectacular returns Paulson and his employees reported for 2010 is due to their keeping much of their money- $14.9 billion or 42...

Hedge Fund Manager Reportedly Brought In $5 Billion Last Year

Posted 05.25.2011 | Business

BOSTON (By Svea Herbst-Bayliss) - Billionaire hedge fund manager John Paulson, whose bet against the overheated housing market made him one of the wo...

Straight Talk With Tyler Durden: The U.S. Is Free-Falling Into Bankruptcy

Chris Martenson, Ph.D. | Posted 05.25.2011 | Business
Chris Martenson, Ph.D.

"Straight Talk" features thinking from notable minds that the audience has indicated it wants to learn more about.  ...

Shahien Nasiripour

Obama Nominee Doesn't Believe Deregulation Led To Financial Crisis | Shahien Nasiripour | Posted 05.25.2011 | Business

UPDATE: The Senate Homeland Security and Governmental Affairs Committee voted 9 to 0 on Tuesday morning in favor of Lew's nomination and referred him ...

Is Main Street Ready for the Second Wave of the Recession?

Don McNay | Posted 05.25.2011 | Business
Don McNay

The phrase "double-dip recession" means little to most of us. To people on Main Street, it hasn't been been a "dip". We took a drop to the bottom two years ago and stayed there.

N.Y.Times Op-Ed Impugns Financial Reform by Imagining Fannie Is Just Like Wall Street

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

John Carney's New York Times op-ed piece is a tour de force, a paean to nonsensical thinking. He ignores the Fannie and Freddie of the real world. Instead, he goes after the Fannie and Freddie that exist only in his imagination.

John Paulson: Suddenly Bearish On The Economy

Reuters | Posted 05.25.2011 | Business

Hedge fund manager John Paulson said this week that he is less certain about the U.S. economic outlook, and has pared positions slightly as a result, ...

Daniel Dravot, Goldman Sachs, and the SEC

Bill Singer | Posted 05.25.2011 | Business
Bill Singer

While I may criticize the motivation and timing of the SEC's case, I applaud the long overdue recognition by Wall Street's regulators that they have coddled the mighty and powerful for far too long.

Goldman Sachs Settlement: A Reader's Outrage

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

Seems almost everyone I talk to these days is very outraged over the corruption in the financial system.

Shahien Nasiripour

Jack Lew: Obama's OMB Pick Oversaw Citigroup Unit That Shorted Housing Market | Shahien Nasiripour | Posted 05.25.2011 | Business

President Barack Obama's choice to lead the White House budget office oversaw a Citigroup unit that profited off the housing collapse and financial cr...

John Paulson's Hedge Fund Posts BIG Losses In June

Reuters | Sakthi Prasad | Posted 05.25.2011 | Business

Billionaire hedge fund manager John Paulson's Advantage Plus fund lost 6.9 percent in June, Bloomberg News reported, citing investors....

Is Warren Buffett Main Street's Benedict Arnold?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

I hope Buffett's fans realize that their dividends and capital gains are partly derived from taxpayer bailouts and from those financial weapons of mass destruction Buffett used to denounce.

How Do You Account for Michael Lewis' Great Success?

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

The real subject of any story about a bubble is how the conventional wisdom continues to justify facts swinging further and further from reality. Why did so many fail to recognize what the few saw?

Transactions: May 3, 2010

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

Here's the good news: With the Securities and Exchange Commission leveling civil charges against Goldman, Sachs & Co., the crisis enters Phase 4. We n...

Bill Clinton Skeptical Goldman Broke The Law, But Doubts Merit Of Transactions

BusinessWeek | Brian Faler | Posted 05.25.2011 | Business

Former President Bill Clinton said he's skeptical that Goldman Sachs Group Inc. broke the law, while adding that the U.S. government's lawsuit against...

The F Word: More Than Reform For Subprime Hurt

Laura Flanders | Posted 05.25.2011 | Business
Laura Flanders

As the Senate debates financial reform, millions of underpaid Americans have lost their homes, their nest eggs, and many of them, their incomes.

This Week in Cheating: Goldman Testifies

Jeff Kreisler | Posted 05.25.2011 | Comedy
Jeff Kreisler

As Goldman Sachs prepares to testify before Congress, The Cheater offers a few proven tricks.