Hi guys
Just recently been researching all the subprime mess and how it occured. It seems that some people like the manager John Paulson from Paulson & co did and reaped the rewards, he had actually made 2 funds betting "FOR" the collapse.
Here are a few links about his success, and how he did it.
At least there is one guy who wasn't dumb enough to think the housing and subprime boom would last forever.
http://online.wsj.com/public/article/SB120036645057290423.html
http://www.pionline.com/apps/pbcs.dll/article?AID=/20070709/FACETOFACE/70705017/1021/TOC
http://www.bloomberg.com/apps/news?pid=20601087&sid=aN.2.bnZ8elk&refer=home
Spartn
:viking:
Just recently been researching all the subprime mess and how it occured. It seems that some people like the manager John Paulson from Paulson & co did and reaped the rewards, he had actually made 2 funds betting "FOR" the collapse.
Here are a few links about his success, and how he did it.
At least there is one guy who wasn't dumb enough to think the housing and subprime boom would last forever.
http://online.wsj.com/public/article/SB120036645057290423.html
http://www.pionline.com/apps/pbcs.dll/article?AID=/20070709/FACETOFACE/70705017/1021/TOC
http://www.bloomberg.com/apps/news?pid=20601087&sid=aN.2.bnZ8elk&refer=home
Spartn
:viking: