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John Paulson

High-Frequency Trading Marks High Water of Financial Corruption

David Paul | Posted 04.14.2014 | Business
David Paul

When a person or firm makes too much money for too long, it turns heads. And so it was with Steven A. Cohen. Year after year, Cohen's firm, SAC Capital, beat the Street. Big bets, the theory went.

Investors Who Bet Against the Market: Goldman Sachs Trader Convicted

D. Sidney Potter | Posted 09.11.2013 | Business
D. Sidney Potter

Someone once told me that it isn't hitting the pavement after jumping out of a high-rise building that kills you, it's the sudden stop. When I first ...

Fabrice Tourre and the Price of Romance

Robert Teitelman | Posted 09.16.2013 | Business
Robert Teitelman

This case against Tourre is an odd one. Despite the efforts of the SEC to characterize him as another swashbuckling master of the universe, he's really not that kind of figure at all and that personality, reflected in this email, may well surface during the trial.

Wall Street's Bamboo Lounge Bust-Out

Joel Sucher | Posted 07.08.2013 | Business
Joel Sucher

Anyway, I never gave much thought to Goodfellas being a cinematic template for the kinds of schemes, scams and financial shenanigans pulled off by the Wall Street mob until recently.

Famous House-Shorter Mulls Move To Puerto Rico To Avoid Taxes: Report

The Huffington Post | Mark Gongloff | Posted 03.11.2013 | Business

The man who made billions shorting your house is now thinking of saving millions by shorting America itself, of tax dollars. John Paulson, manager ...

A Terrible Year... Except for Investors

Dan Solin | Posted 03.31.2013 | Business
Dan Solin

The prospect of going over the fiscal cliff cast an additional pall on the markets, with many investors "fleeing to safety" until "things settle down." I am unaware of any stock market gurus who predicted all of these events, but what if they had?

Shaking Hands With Obama in the Oval Office

Gary S. Chafetz | Posted 03.04.2013 | DC
Gary S. Chafetz

The guy had two full-time jobs: running for reelection and running the country. And yet every month he takes about an hour from his schedule to shake hands, chat briefly and take photos with members of the armed forces attached to the White House. Each is allowed one tag-along parent. I won the toss.

For Hedge Funds, It's All in the Game

Howard Steven Friedman | Posted 02.21.2013 | Business
Howard Steven Friedman

There are few greater examples of the irrationality of investors than the world of hedge funds. In spite of the historically poor return on investment, money continues pouring into hedge funds.

Abacus and Other Soured Deals as Now Seen by the New York Times

Raymond J. Learsy | Posted 01.23.2014 | Business
Raymond J. Learsy

The Business editors of the New York Times seem forever determined to whitewash and sanitize one of the core causes of the 2008 financial debacle and those who were central to the melt down.

Hedge Fund Manager Makes Record Donation

Posted 10.23.2012 | New York

In the largest parks donation in US history, a billionaire hedge fund manager has donated $100 million to the Central Park Conservancy in New York Cit...

Paul Blumenthal

Which Corporations Funded the RNC Convention?

HuffingtonPost.com | Paul Blumenthal | Posted 10.18.2012 | Politics

WASHINGTON -- The Republican National Convention in Tampa, where former Massachusetts Gov. Mitt Romney accepted the presidential nomination of the Rep...

What Jonah Lehrer Has in Common with the Financial Services Sector

Jon Stein | Posted 10.02.2012 | Business
Jon Stein

As a society, we rarely celebrate simple competence and the ability to deliver. Instead, we demand superstars. This non-stop need to do better and better is what unifies Lehrer with Wall Street miscreants.

Hedge Fund Legend's Latest Bet

The Huffington Post | D.M. Levine | Posted 04.17.2012 | Business

John Paulson, the hedge fund manager who made billions betting against the U.S. mortgage market in 2007, has found something new to bet against. P...

Your Landlord Could Soon Be Wall Street

The Huffington Post | Bonnie Kavoussi | Posted 03.19.2012 | Business

In an ironic twist, the same foreclosure crisis that helped to raise rents in America could now be used to offer some much-needed relief -- and Wall S...

D.M. Levine

'Sage' Investor Sued For Negligence

HuffingtonPost.com | D.M. Levine | Posted 02.22.2012 | Business

Hedge fund manager John Paulson has been hailed as a finance sage for making billions betting against the subprime mortgages beloved by Wall Street in...

Money Throws Democracy Overboard

Bill Moyers | Posted 04.15.2012 | Politics
Bill Moyers

Our elections have replaced horse racing as the sport of kings. Only these kings are multi-billionaire, corporate moguls who by the divine right, not of God, but the United States Supreme Court and its Citizens United decision, are now buying politicians like so much pricey horseflesh.

Taibbi: Why Wall Street Should Stop Whining

Rolling Stone | Matt Taibbi | Posted 02.09.2012 | Business

Everybody on Wall Street is talking about the new piece by New York magazine’s Gabriel Sherman, entitled "The End of Wall Street as They Knew It." ...

Billionaire Leon Cooperman Writes "Open Letter to President Obama"

Joseph A. Palermo | Posted 02.06.2012 | Politics
Joseph A. Palermo

Wall Street "veteran" Leon Cooperman has written an "Open Letter to President Obama" that provides us with a glimpse into the mindset of our 21st century corporate overlords. What's put a bee in Mr. Cooperman's bonnet is the president's "tone" toward billionaires like himself.

McDonald's Job Applications Dumped On 'Occupy' Protesters

The Huffington Post | Harry Bradford | Posted 01.04.2012 | Business

On top of cold weather and logistical pains, "Occupy" protesters in Chicago last week dealt with an embarrassing stunt. Dozens of photocopied McDo...

The Voices of Occupy's March Against the Millionaires

Daniel Medina | Posted 12.28.2011 | New York
Daniel Medina

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Occupy Wall Street's "Gullible" and "Unsophisticated" Protesters

Joseph A. Palermo | Posted 12.18.2011 | Politics
Joseph A. Palermo

There's something inherently wrong with a political economy where those in power sell the people a bag of goods: Tax cuts for the rich and corporations; deregulation; "free trade" bills; wars and excessive military spending; slashing social programs.

Message to Wall Street

Jeffrey Sachs | Posted 12.17.2011 | Business
Jeffrey Sachs

The Wall Street elite seems completely befuddled by the Occupy Wall Street movement. The demonstrators are called "unsophisticated," or misguided, or much worse. Here's a short note to the titans of Wall Street to help them understand what's happening.

Saki Knafo

Occupy Wall Street: The "Millionaires March"

HuffingtonPost.com | Saki Knafo | Posted 12.11.2011 | New York

In an effort to draw attention to economic policies that favor the rich, a few hundred protesters took a tour of the luxury apartment buildings and to...

On Investors and the Banks

Robert Teitelman | Posted 11.02.2011 | Business
Robert Teitelman

Trying to view a key systemic sector like banking through the lens of investors can be dangerously deceptive.

Talk About Chutzpa - Wall Street Lecturing America on "Fiscal Responsibility"?

Robert Creamer | Posted 10.08.2011 | Politics
Robert Creamer

The very idea that Wall Street -- and Standard and Poor's -- would have the chutzpa to lecture the rest of America about fiscal responsibility should infuriate each and every American.