John Paulson hasn’t had a very good year. In fact, as he wrote to investors in his third-quarter letter, it’s been the worst year ever for the billionaire hedge-funder’s firm. One Paulson investor that doesn’t have to worry, though, is the 92nd Street Y. According to Dealbook, the organization has a very special arrangement with Paulson and the three other hedge-funders/board members who manage the nonprofit’s funds: They’ll personally guarantee any losses incurred from their investments. "We’re certainly not ashamed of any of this,” director Sol Adler told the Times, which estimates Paulson (whose daughters attended the 92nd Street Y’s prestigious preschool) will cut the institution a check for $4 million or so. All of which raises one very important question for Intel Noreen: If they’re Too Culturally Big To Fail, can’t they make their tickets a little cheaper?