[lbo-talk] Why was Paulson Co. not charged along with Goldman Sachs?
Jordan Hayes
jmhayes at j-o-r-d-a-n.com
Sat Apr 17 19:50:33 PDT 2010
> It was Paulson and Co. the hedge fund that earned
> billions from the collapse of the CDO. Paulson also
> picked securities for the CDO for the third party
> that they knew would bomb and then sold the CDO short.
> You mean to say that is kosher?
GS is getting dinged for not disclosing they were short the other side to
their investors.
Now if only we could get a rule like that for Congress.
/jordan
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