John Paulson

Alan Greenspan and 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[edit]

• Great Depression
• Ben Bernanke
• Alan Greenspan
• Financial Crisis of 2008

External links[edit]

• 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[edit]

1. ↑ Hedge fund operator John Paulson a key player in SEC case against Goldman Sachs
2. ↑ Goldman CEO denies wrongdoing in crisis
3. ↑ 1929, Un Upper Class Affair
4. ↑ John Jakob Raskob (1879-1950)
5. ↑ 100 Minds That Made the Market
6. ↑ Spokane Daily Chronicle
7. ↑ The Du Pont-General Motors Case and the Sherman Act by George W. Stocking