• john paulson

    Hedge Funds

    John Paulson Does Not Have To Defend Himself To You, Hugh

    Remember Paulson & Co’s investment in Sino-Forest? One of the less than stellar trades that helped contribute to 2011 being an annus fucking horribilis for the hedge fund? Got a former investor named Hugh F. Culverhouse all riled up, shouting about “gross negligence” and “failure to properly monitor” the situation and making claims that it was clear no one at P&C bothered to perform any due diligence on the company, because if they did, “the Paulson companies could…have foreseen Sino-Forest’s problems?” Things actually worked out for JP&Co on this one.

    / Apr 2, 2013 at 6:25 PM
  • News

    Robust Christmas Tree Sales Mean… Something? Maybe?

    The early numbers aren’t encouraging in terms of holiday sales. But let’s ignore them and rely on this instead:

    / Dec 21, 2012 at 3:04 PM
  • News

    John Paulson Done With Sino-Forest

    “Due to the uncertainty over Sino-Forest’s public disclosures and financial statements, we have sold our stock and await the results of the independent committee’s investigation,” Paulson and Co said today.

    / Jun 20, 2011 at 6:11 PM
  • News

    A Tree Grows In Blankfein’s Brooklyn

    “I really like the idea that there is a flowering tree that’s blossoming here, indigenous to Brooklyn, rising out of an urban area,” Blankfein said yesterday in Bed-Stuy, while helping break ground on The Bradford, a low-income housing project financed by Goldman’s Urban Investments Group named for a type of pear tree that grows in […]

    / Oct 26, 2010 at 10:26 AM
  • News

    Celebrity Shareholder Cribs: Prince Alwaleed’s Palace

    Have you often wondered to yourself, does Citi’s favorite investor max and relax (indoor) poolside after a long day of riding Vikram’s ass like Zorro? Does said indoor pool have a jungle theme going on around it that includes life size ceramic elephants, antelopes and giraffes? Would the Prince’s style be best described as late […]

    / Apr 26, 2010 at 10:34 AM
  • News

    The Greatest Copycat Story Of All Time

    A San-Fransisco based hedge fund manager inspired by Goldman senior exec-cum-landscape architect Mark Spilker’s arbitrary and unilateral decision last year to cut down neighbor Jim Chanos’s shrubs is going downtown. Derek Webb, who runs quant shop Web Capital Management, was found guilty of vandalism for taking it upon himself to trim the trees at a […]

    / Aug 28, 2008 at 2:52 PM

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