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‘Greatest Trade Ever’ – Economy’s Loss, John Paulson’s Gain – NYTimes.com

Posted by Matt in December 5th, 2009

THERE has been no shortage of books about Wall Street leaders who made billions of dollars disappear in the financial crisis. But as the Wall Street Journal reporter Gregory Zuckerman writes in “The Greatest Trade Ever,” (Broadway Books, 295 pages) the financial crisis was a goldmine for a small group of investors. One of them, John Paulson, founder of Paulson & Company, a New York hedge fund, made $15 billion in 2007 by shorting the housing bubble.

Off the Shelf – ‘Greatest Trade Ever’ – Economy’s Loss, John Paulson’s Gain – NYTimes.com


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