Hints and tips:
...As well as Hassett, John Paulson, Jeff Yass and Scott Bessent, the top hedge fund managers, might be in the mix for senior economic roles....
...“I’m here for Hank Paulson,” I tell the maître d’ at Le Bernardin. He doesn’t bat an eye....
...The change at the top comes after a year of extremes for the sector, write Laurence Fletcher and Eric Platt....
...His counterpart at the Boston Fed, Eric Rosengren, made smaller transactions in real estate investment trusts and stocks including Chevron and Pfizer....
...Additional reporting by Eric Platt *An earlier version of this article, based on information from FHFA, incorrectly reported that Calabria had resigned...
...Mr Summers said Mr Mnuchin’s action was “just the opposite” of how Hank Paulson, the Treasury secretary under George W Bush, handled the White House transition during the financial crisis after the 2008...
...That option now seems off the table and the likes of Bill Ackman and John Paulson are feeling the burn....
...But either way, Blackstone has skipped a payment on a $274m hotel loan, DD’s Mark Vandevelde and Eric Platt reported last week, joining the ranks of leading real estate investors that have fallen behind...
...Last week, TSA profiled Eric Yuan, the Chinese-born leader of the hit Silicon Valley start-up Zoom whose fortunes have soared at a time of escalating US-China tensions....
...Paulson moves out of the Big Smoke John Paulson is known as the man behind “the greatest trade ever made”....
...More here from DD’s Eric Platt and James Fontanella-Khan. Welcome to go big or go home activism....
...The pair are veterans of hedge fund Paulson Capital which recently wound down its London office. Wallach will lead the group as chief investment officer of credit....
...The original deal was struck between Henry Paulson, then chairman and chief executive of the bank, and Fang Fenglei, pictured below, one of China’s top private equity investors....
...The deal counted almost $40bn of investor orders, three sources with knowledge of the transaction told DD’s Eric Platt....
...To be fair, Paulson’s firm, Paulson & Co, has purchased a number of luxury properties and office buildings in anticipation an exodus to Puerto Rico (in reality the opposite has happened)....
...Eric Platt and Alexandra Scaggs...
...One thing to start: John Paulson is considering plans to turn his hedge fund Paulson & Co into a family office now that nearly 80 per cent of its funds are his own. Read more here....
...Schwarzman, Paulson and Bloomberg all either control or have run groups with extensive interests in China. All three have founded China-focused non-profit organisations....
...(WSJ) Unprecedented risk Hank Paulson, the former US Treasury secretary and Goldman Sachs chief executive, writes in an FT opinion article that the global system is embedded with more risk than at any other...
...Parmalat (Reuters) Newell Brands to sell Pure Fishing and Jostens for about $2.5bn (Reuters) Due Diligence is written by Arash Massoudi and Javier Espinoza in London, James Fontanella-Khan, Sujeet Indap, Eric...
...But both Mr Paulson and JPMorgan Asset Management remain bullish on the sector....
...Massoudi in London — @ArashMassoudi Javier Espinoza in London — @JavierespFT James Fontanella-Khan in New York — @JFK_America Sujeet Indap in New York — @sindap Don Weinland in Hong Kong — @donweinland Eric...
...Even stalwarts like John Paulson and Leon Cooperman have suffered from redemptions that have cut the size of their funds....
...Other funds, such as Alan Howard’s Brevan Howard and John Paulson’s Paulson & Co, suffered steep redemptions....
...gillian.tett@ft.com Letter in response to this column: How the US public took to the distressed-debt market / From Eric J Redemann, Walnut Creek, CA, US...
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