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Thursday, July 8, 2010

John Paulson Is Close To ...

John Paulson Is Close To Having His Reputation Torn To Shreds


We've defended John Paulson in the past when it's been suggested that after his amazing bet against subprime the bloom had come off the rose.

After all, you can't just repeat making the biggest bet of all time year after year. It'd be fine if he never in his career had a period like 2007-2009.

But now that we know how poorly his fund is doing in 2010, it's worth revisiting the John Paulson question, and consider a few things.
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