Hints and tips:
...He was also retained by the wife of John Paulson, the hedge fund manager who made $20bn betting against the housing market before the 2008 financial crisis. Then came Labor Day....
...The blinders have also come off for Paulson. Once an engagement enthusiast, like much of the US big business community, he has changed his tune....
...The likes of Bill Ackman and John Paulson took big bets on Valeant that would later cost them dearly....
...Paul De Grauwe, John Paulson chair in European political economy at LSE: The UK economy is likely to lag behind other developed economies in 2023 because of the increasing negative resonance of Brexit....
...The numbers read like Black Monday in the stock market, says Henry Paulson, former US Treasury secretary and avid birdwatcher....
...(FT) Fixing capitalism Economist and Nobel laureate Joseph Stiglitz has for decades argued that redistribution and regulation are necessary to alleviate inequality....
...Joseph Papa, Valeant’s chief executive, said Mr Paulson’s experience would be “especially valuable as we continue to execute on our transformational strategy to turnaround Valeant”....
...Joseph Oughourlian, chief executive of Amber Capital, one of a group of debt investors that includes Paulson & Co, has now ramped up the war of words with other shareholders, accusing them of disrespect...
...Separately, hedge fund Paulson & Co, which owns 7 per cent, said the board appeared “to be favouring Nissin Foods, which paid a significant premium to one shareholder, to the detriment of all other shareholders...
...The main underwriters are Paulson and Amber Capital....
...(Financial Times) Hank Paulson warns of regulatory conflict, the risk that competing financial regulations could “devolve into financial protectionism”....
...John Paulson has donated $100m to New York’s Central Park, the largest ever donation to public parks in the US (Financial Times)....
...(Financial Times) Paulson eyes Puerto Rico tax haven move....
...Paulson & Co likely still faces $150m paper losses on its investment despite Hartford’s shares rallying 37 per cent year to date (WSJ Deal Journal)....
...Paulson has already apologised to investors, and promised to reduce risks arising from his bets in financial stocks, Reuters says....
...- Barry Ritholtz has a secret about Hank Paulson. - MF Global, the preliminary trustee report. - Why a freezing Europe needs a) Qatar b) shale....
...Big-name funds including Paulson & Co and Highbridge have been unable to recoup double-digit losses incurred in recent months. But other big macro bets have succeeded....
...Paulson & Co had been one of BofA’s ten biggest shareholders in the first quarter....
...Mr Paulson’s funds hold the bonds at an average of 7.3 cents on the dollar....
...John Paulson, one of Bank of America’s largest shareholders, pushed the lender not to make the $8.5bn investor claims settlement it announced this week, reports the WSJ....
...A group of Lehman Brothers creditors including Paulson & Co has come under fire from rivals for a bid to have trades disclosed, says Bloomberg....
...Paulson has bought $7bn of Lehman debt since 2008 at an average price of 13 cents on the dollar; one bankruptcy plan supported by Paulson would return 25 cents on the dollar to investors....
...Hedge fund manager John Paulson is shorting German government bonds in a wager that the eurozone debt crisis will significantly deepen in the coming months, according to the FT....
...” - July 2010: ”Krugman or Paulson: Who You Gonna Bet On?” - Krugman, as it turns out....
...Sino-Forest plunged 61 per cent in US over-the-counter trading on Thursday, with short-selling totalling one-third of shares outstanding, Bloomberg reports, noting that the company’s biggest holder is Paulson...
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