SALT 2015: Shut Your Mouth When John Paulson Is Talking To You
Earlier this week, the annual SALT Conference kicked off in Vegas. Hosted by money manager/restauranteur Anthony Scaramucci, the event brings together assorted investor types for meets, greets, and panels about various things going on in the world of finance. And while most people attend these sorts of multi-day events with more of an eye on the after party, some actually do care what various speakers like Dan Loeb, Mohammed El-Erian, et al have to say. Happened to catch John Paulson's talk? Then you'd best TAKE IT TO THE GRAVE.
As the head of $20 billion firm Paulson & Co., Paulson's thoughts on the markets and investing are closely watched and his comments were a main draw for other investors, several said. But he came to the conference on the condition of not having his words repeated by anyone to anyone, a SALT spokeswoman said. According to the program, Paulson and Bernanke were both interviewed by Anthony Scaramucci, SkyBridge's founder, at separate sessions. At times when Paulson spoke, a flashing sign reminded the audience that his comments were off the record, but the two other panelists could be quoted freely.
Paulson, Bernanke: What's said in Vegas stays in Vegas [Reuters]