Paulson Zigs While Others Zag For $5 Billion Score
- Friday, January 28, 2011, 23:45
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At the peak of the housing bubble when borrowers with undocumented income and little capacity to make loan payments were being approved for mortgages on McMansions, little-known hedge fund manager John Paulson was busy laying bearish bets that would ultimately make him a billionaire.
http://blogs.forbes.com/steveschaefer/2011/01/28/paulson-zigs-while-others-zag-for-5-billion-score/
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