John Paulson

  • News

    John Paulson Has Exciting News For His Relatives, Long-Lost And Otherwise

    Who wants a nice ski lodge? Anybody interested in a place on the beach? Today’s your lucky day.

    / Sep 28, 2010 at 3:58 PM
  • News

    Forbes Rich List Provides Much Needed Pick-Me-Up For John Paulson

    His flagship fund, the Paulson Advantage Plus, was said to be down 11 percent for the year through September which can’t feel good, but today brought the news that he moved up over a dozen slots to clock in as the second wealthiest hedge fund manager in America, second only to George Soros. Also exciting […]

    / Sep 23, 2010 at 6:43 PM
  • News

    Hipsters Take Page From David Einhorn, John Paulson’s Playabooks

    “I expect gold to double. At least to double,” says Adam Gold, a Brooklyn filmmaker, who’s at the East Village bar Arlo and Esme, mingling at a meet up event with fellow supporters of Texas congressman Ron Paul. Paul is a big fan of gold and believes ever since the U.S. went off the gold […]

    / Sep 14, 2010 at 11:30 AM
  • News

    Paul Krugman: Suck It, BusinessWeek (Paulson, Anyone Who Ever Doubted This BSA*)

    Back in July, BusinessWeek ran an article asking its audience, “Krugman or Paulson: Who You Gonna Bet On?” Krugman’s outlook on the economy was way too dark, the article suggested, forecasting a third depression, whereas Paulson’s was more evenhanded, noting that “we’re in the middle of a sustained recovery in the U.S.” and “the risk […]

    / Aug 25, 2010 at 3:16 PM
  • News

    John Paulson Protégée Paolo Pellegrini Giving Investors Their Money Back

    When Stanley Druckenmiller announced earlier this week that he’d be shuttering his fund, Duquense Capital, and retiring from the business after 30 years, many wondered which luminary would be next to pack it in. Steve Cohen? Paul Tudor Jones? Larry Robbins? So far, just one: Paolo Pellegrini.

    / Aug 20, 2010 at 12:25 PM
  • News

    Hank Paulson Apparently Still Somewhat Defensive About Criticism Over Taking Ski Vacation While Wall Street Burned To The Ground

    As you may know, in December 2008, when things were getting really fun on Wall Street and Ken Lewis was calling him in a fit of drunk tears to ask if it was too late to pull out of the whole BAC-MER thing, Hank Paulson was in Aspen was hitting the slopes. No big deal […]

    / Jul 15, 2010 at 1:10 PM
  • News

    Paulson And Co Investors Pleasantly Surprised By Fund Only Being Hit With $2 Billion In Redemptions

    Paulson and Company has had a tough couplea months. The firm has been on the receiving end of a lot of shit, none of it really due but mostly thanks to a certain Frenchman and his blood-sucking overlords dragging the hedge fund’s name into the press and June didn’t go so amazingly as it relates […]

    / Jul 8, 2010 at 3:37 PM
  • News

    Darrell Issa Is Hip To John Paulson’s Tricks

    In 2007, John Paulson’s hedge fund donated $15 million to the Center for Responsible Lending. The money was used “exclusively to provide legal assistance to people facing foreclosure to help them stay in their homes.” Charity, helping those less fortunate, etc is something rich people sometimes do, either to help their image or because they’re […]

    / Jun 4, 2010 at 2:35 PM
  • News

    Musings On An ABACUS

    The following post is by Dealbreaker reader and commenter Infinite Guest. Whether they could have avoided it, I don’t know–today’s Securities and Exchange Commission acts like a wounded animal–the management of Goldman, Sachs & Co. made a strategic error by failing to cultivate a closer relationship with the new regime. That much is evident from […]

    / May 18, 2010 at 12:16 PM
  • News

    Paulson Recovery Fund Up 17 Percent for the Quarter

    John Paulson is racking up big gains in his Recovery Fund, the $2 billion distressed fund that purchased the assets of the former IndyMac Bank. According to Paulson’s latest investor letter, the fund is up 17 percent for the quarter.

    / May 17, 2010 at 3:19 PM
  • News

    Paulson Tells Investors He’ll Pick Up The Tab Any Potential Legal Fees Related To You-Know-What

    He’s got this one covered. Letter to investors via Absolute Return.

    / Apr 23, 2010 at 2:10 PM
  • News

    One Of The Foreclosed Owners John Paulson Made A Billion Off Of Gives The Hedge Fund Manager Props

    In a fun little exercise today, the Wall Street Journal got in touch with a few of the people who John Paulson correctly bet couldn’t pay their mortgages, which resulted in him making $1 billion, and them having their homes foreclosed on. If you assumed that some of them wouldn’t be in the mood to […]

    / Apr 22, 2010 at 11:38 AM
  • News

    Goldman Sachs’s ABACUS Pitch Book

    Via Reuters, the CDO created by John Paulson which was in turn marketed to Goldman investors (sans the 411 that Paulson&Co was betting against it). Nothing new for the investors who lost a billion or so on this thing but in they event they’re looking for some JO&C material this afternoon, here ya go.

    / Apr 16, 2010 at 1:25 PM
  • News

    Former (Paulson&Co) Employees: What Are They Good For? (UPDATE)

    If you’re Paolo Pellegrini,* tipping off the SEC to your former employer’s role in today’s Goldman case, according to CNBC’s Steve Liesman. Earlier: Who needs John Paulson? Not Paolo Pellegrini. *Whose attitude resulted in being more encouraged to leave the hedge fund (as opposed to leaving on his own terms) than has been suggested in […]

    / Apr 16, 2010 at 11:30 AM
  • News

    Hedge Fund Managers Able To Eke Out Semi-Respectable Paychecks After Abysmal ’08

    Absolute Return has published its annual list of the top hedge fund earners of the year and while you might’ve thought differently at the time, it turns out keeping a pair of brass testicles on your desk and rubbing them at various intervals throughout the day for good luck isn’t so silly or homoerotic afterall. […]

    / Apr 1, 2010 at 1:45 PM
  • News

    John Paulson Doesn’t Care About People Who Don’t Want In On His Gold Fund

    The Journal reports today that John Paulson’s gold fund, which launched Jan. 1, is failing to attract investors. We’re told it’ ain’t so. While the fund did lose “about 10%” since it launched, JP is confident and “believes in this play.”

    / Feb 10, 2010 at 10:45 AM
  • News

    Clive Cap. Tells New Investors To Shove It

    John Paulson and Stanley Fink are dying to take your money and pour it into gold. Clive Capital is somewhat less enthusiastic. The London-based hedge fund is certainly bullish on the shiny stuff, predicting that its value will continue to rise and even increasing its bet on it. But it doesn’t want your money, not […]

    / Dec 9, 2009 at 10:57 AM
  • News

    Plebes Crowd John Paulson At NYU Alumni Function

    Was at the Stern alumni ball Saturday with girlfriend who went there. John Paulson in attendance. (he donated the new lobby). The alum ahead of me in the “receiving line” handed him his card like a slick scumbag in desperation for business. Another said to him, “We used to go the same ATM!”

    / Dec 7, 2009 at 12:28 PM
  • News

    Paolo Pellegrini Is Making Himself Smile Now

    Who needs John Paulson? Not Paolo Pellegrini. Canned by JP for his bad attitude, this Italian Stallion knows that living well is the best revenge. And so far, Pellegrini’s PSQR Management is living very well, up almost 65% this year.

    / Nov 30, 2009 at 2:52 PM
  • News

    Flip Out On Someone Today

    Yesterday it was suggested that one of the reasons John Paulson was able to make the leap from run of the mill rich guy/peasant by hedge fund manager standards to John motherfucking Paulson! was that he “became a grump.” In earlier times, he was known for his loft parties in SoHo, and as he approached […]

    / Nov 24, 2009 at 10:53 AM
  • News

    Paulson Thinks He Can Make Three Times His Money On Bank of America

    According to Paulson & Co internal documents John Paulson is thinking soon to be CEO-less BofA will be worth three times what he bought it for in two and a half years time. Yesterday, Bloomberg reported JP’s been telling his investors Bank of America still has considerable upside and room to double in value. But […]

    / Nov 18, 2009 at 10:21 AM
  • News

    John Paulson: NINTH GRADER

    Daily Intel got its hands on some amazing money shots of John Paulson, circa age 14. Click here to see him with the rest of the gang at Junior High 194. While we’re on the subject: if you happened to attend middle school in Great Neck 40ish years ago, and keep a scrapbook, CALL ME.

    / Nov 4, 2009 at 5:36 PM
  • News

    Paolo Pellegrini Made John Paulson Smile Once

    This would not be the time he asked for more money to do less work but rather when he pulled John into a room to show his former boss how he was going to make a metric fuck-ton of money for the firm, which Bloomberg gets into in a profile of P-squared (which, awesomely, is […]

    / Oct 5, 2009 at 6:22 PM
  • News

    Why Does John Paulson Hate The Safecracker?

    Considering he has apparently transformed into a mortgage backed securities bull (in selective cases) it’s interesting to hear that John Paulson doesn’t seem interested in using cheap government leverage and guarantees to participate in the public-private plan to pick up legacy assets, as he told the Times. Why not? We actually have no idea, given […]

    / Mar 25, 2009 at 2:38 PM
  • The Hamptons

    John Paulson Falls On Hard Times

    His home wasn’t foreclosed on so I’m not sure this technically falls under the category of “ironic” but I think we can definitely consider it rich: John Paulson, who made a killing shorting the individual mortgages of down-on-luck friends out East, has been forced to slash the asking price of his Southampton home. The 6,800 […]

    / Sep 2, 2008 at 11:16 AM

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