Paulson & Co.

Attention Paulson People

JP’s great run came to an end last month. Read more »

John Paulson Had A Pretty Good May

Mostly due to a killer Memorial Day weekend BBQ out east, but he’ll take what he can get. Read more »

Lovestruck George Soros Is Back On Top

Just in time for Valentine’s Day comes the romantic story that the the 83 year-old hedge fund manager made a ton of money in 2013, and about 80%* it before his September 21st nuptials and can therefore keep to himself,** should this marriage should end in a similar manner to his first two. Read more »

Baupost Group, Paulson & Co. and Cargill’s hedge fund unit think it’s awfully fishy that the corpse of Lehman Brothers is so eager to sell almost $3 billion in bankruptcy claims to Elliott Management and King Street Capital Management for a little over $1 billion. Especially since CarVal would like to pay almost $1.5 billion for the same claim.

U.S. Bankruptcy Judge James Peck thinks it’s all a little strange, too. But, to use the parlance of our times, tough shit. Read more »

John Paulson Bought A Beach

He’s still not moving to Puerto Rico to save a few hundred million on taxes. But if he did, we’re pretty sure a certain luxury seaside compound has a good chance of landing Casa Paulson. Read more »

‘Cause somebody’s recouped record losses in his Recovery fund, meaning somebody can start charging performance fees again! Read more »

  • 29 Jul 2013 at 10:26 AM

Fabulous Fab Really Wanted To Get Abacus Done

Fabrice Tourre testified in his SEC trial late last week and many perplexing things came out, with the most perplexing being a tie between:

Perhaps less perplexing is that Fab’s feelings about Abacus seem to have been less about bamboozling one client on behalf of another and more about just printing a trade, whichever direction it went in. John Carney reports that Goldman was taking too long getting ABN Amro to intermediate ACA’s guarantee of the super senior tranche of the deal, Paulson was getting antsy, and Fab, ever servicey, was trying to assuage their antsiness by just getting Goldman to do the deal naked: Read more »