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Bad News Bears: The Guys Who Bet Against the Bubble and Won
Bad News Bears: The Guys Who Bet Against the Bubble and Won
John Paulson LOCATION: New York BACKSTORY: Back in 2006, Paulson & Company was "just another ham-and-cheese operation in a crowded space," and its founder was known mostly for the parties he had held back in the nineties at his Soho loft, which featured "good food, plentiful drink; and access to ...
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Some Stimulus Here, Some Stimulus There
City Room — ... about the ragtag-yet-savvy handful of hedge-fund managers who were able to turn the housing market collapse into windfall profits . [Daily Intel] A gorgeous ...

John Paulson Once Had Self-Doubts
Dealbreaker — ... , chronicles the stories of a bunch of guys who actually made money off that can't lose asset class, subprime. But it wasn't all rolling around in sticky fifties from the get-go. Daily Intel runs through the book's subjects, and the adversity they had to overcome, before doing stuff like making $15 billion in one year, and writing a fuck-off letter to the industry, ...

Hot Links: Super-Regulators & The Simpsons
The Reformed Broker — ... Stuff I’m Reading this Morning… Stocks fall ahead of Bank of England, EU rate decisions.  (Bloomberg) European banks join the Robber Baron train, remember how to make money again.  (NYT) My fave post of the day: The inside scoop on the guys who got it right.  (DailyIntel) Not just the dollar, gold prices are surging in all currencies.  (InvestmentPostcards) This is the foundation of trading:  ...

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