If he made this much money in 2007, it is because his fund was short selling at a very large scale on securities linked to the mortgage sector, which has collapsed violently.
Home » Media Mentions » John Paulson «could have gone bankrupt. Short selling, it is what it is… ».
If he made this much money in 2007, it is because his fund was short selling at a very large scale on securities linked to the mortgage sector, which has collapsed violently.