John Paulson Falls On Hard Times

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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 square foot house is now going for the bargain basement price of $16.9 million, after sitting on the market for four months at $19.5.
John Paulson's Southhampton Price Cut [City File]

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