Dedicated to providing increased access to information from around the world with the expressed purpose of Freedom, Justice and Equality for all...
Tuesday, January 25, 2011
ARTICLE: Bullish Paulson Gains $1 Billion On Citi Stake
A few years ago, hedge fund manager John Paulson made billions when he bet the housing market would collapse. Now, he’s made $1 billion betting on a bank that perpetuated the housing bubble. "In addition to maneuvering our investment strategy based on where we are in the economic cycle, a large part of our success has been based on anticipating market events before they are generally recognized."
Read more...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment