Paulson and Company hedge fund manager John Paulson made headlines betting against the housing market.

1. Fund started in 1994
2. Began credit fund in July 2006
3. Pulled in est. $3-$4 Billion in one year
4. Hired Alan Greenspan as adviser in January 2008

• Google News: John Paulson

• The Wall Street Journal: "Trader Made Billions on Subprime" (January 15, 2008)
  • Paulson believes that most mortgage and housing experts were too caught up in the housing boom to see the coming downturn. "Most people told us house prices never go down on a national level, and that there had never been a default of an investment-grade-rated mortgage bond."

• Telegraph: "Greenspan joins hedge fund Paulson" (January 15, 2008)
• MSNBC.com: Greenspan joins N.Y. hedge fund (January 15, 2008)
• Reuters: Alan Greenspan to join hedge fund (January 15, 2008)
• MarketWatch: Greenspan to advise New York-based hedge fund Paulson & Co. (January 15, 2008)
• HedgeFund.net: Paulson Nabs Greenspan as Adviser (January 15, 2008)

• Google Blog Search: John Paulson

• The Huffington Post: Alan Greenspan Joins Hedge Fund

• Daily Intelligencer: John Paulson Acquires an Alan Greenspan

• Daily Briefing: Greenspan’s masterful timing

• Democratic Underground: Hedge fund Paulson hires former Fed chief Greenspan (Thread)

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