1 Articles match "Instrument","Journal","New York"

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The $3 Billion Foreclosure Payday
In one year, Paulson made more money than The Donald made in a lifetime, according to the Wall Street Journal . During the last housing slump, Paulson was a foreclosure investor, buying two distressed properties; a New York apartment and a large home in the Hampton on Long Island. During the housing boom, Wall Street began repackaging mortgage securities into instruments called collateralized debt obligations, or CDOs, and selling slices of these securities You may not know who John Paulson is, but you soon will. Last year, Paulson made $3 billion betting on
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • The $3 Billion Foreclosure Payday
    In one year, Paulson made more money than The Donald made in a lifetime, according to the Wall Street Journal . During the last housing slump, Paulson was a foreclosure investor, buying two distressed properties; a New York apartment and a large home in the Hampton on Long Island. During the housing boom, Wall Street began repackaging mortgage securities into instruments called collateralized debt obligations, or CDOs, and selling slices of these securities You may not know who John Paulson is, but you soon will. Last year, Paulson made $3 billion betting on
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE