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John Paulson

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The Complete John Paulson

'This is, after all, a man whose mind has been set on making vast, historic amounts of money since he was a kid.'

By Jessica Pressler

Five Things Moe Tkacik Is Sick of Hearing on CNBC

Since being laid off, writer Moe Tkacik has had all the time in the world to wallow in coverage of the economic crisis. And there are a few things that are pissing her off.

By Moe Tkacik

Hedgies of the Apocalypse

As the markets decline, hedge funds like Philip Falcone's and John Paulson's still manage to rake in the dough.

John Paulson Acquires an Alan Greenspan

Greenspan
For sub-prime sufferers who blame Alan Greenspan for setting off the collapse with his low-interest-rate policy, today's announcement that the former Federal Reserve chairman has joined up with John Paulson, the Queens native and hedge-fund manager who famously made billions of dollars betting against the mortgage market, must especially sting. Paulson & Company, which has assets of $28 billion, have hired Greenspan to be their own personal Nostradamus — they're the only hedge fund he will advise on the direction of the economy and for whom he will assess, according to the Financial Times, "the potential for and severity of a US recession," so that next time there's a giant bust (credit cards! Auto loans!), they can roll around in piles of filthy lucre while the rest of us rubes wail and tear our garments in the streets. Although not if we're canny. According to the Journal, Paulson, who recently gave a presentation titled "The Worst Is Yet to Come," has been known to tell investors "it's still not too late" to bet on economic troubles. Trader Made Billions On Subprime [WSJ] Greenspan Joins NY Hedge Fund [FT]