Ever wonder how someone could earn four billion dollars in one year? Find out at Wellesley Booksmith on June 10 at 7 p.m. and hear what Wall Street Journal Senior Writer Gregory Zuckerman, author of “The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History,” has to [...]
Author Archive
Paulson Confronts Goldman Fallout — Hedge Fund Allays Investors’ Concern; ‘I Felt Reassured’
By Gregory Zuckerman and Jenny Strasburg
John Paulson hasn’t been accused of any wrongdoing. But the hedge-fund billionaire has gone on the offensive to reassure investors that his huge firm will emerge unscathed from a case that has drawn him into a political and legal vortex.
The steps, including a conference call with about 100 investors late [...]
Ex-Paulson Exec Told ACA Firm Would Go Short On Abacus
By Gregory Zuckerman and Serena Ng
Of THE WALL STREET JOURNAL
Paolo Pellegrini, a former top executive at hedge-fund Paulson & Co., told investigators at the Securities and Exchange Commission that he had informed ACA Management LLC that his firm was betting against the transaction at the center of a lawsuit the SEC brought against Goldman Sachs [...]
Q&A / GREGORY ZUCKERMAN
The man who wrote the book on Paulson
JOANNA SLATER
19 April 2010
The Globe and Mail
NEW YORK — Gregory Zuckerman is a senior writer at The Wall Street Journal and author of The Greatest Trade Ever: The Behind-the-scenes Story of How John Paulson Defied Wall Street and Made Financial History.
Thanks to a huge and successful bet that [...]
Paulson Hits Hurdles in Gold Fund
The Wall Street Journal
FEBRUARY 18, 2010
by Gregory Zuckerman
It took John Paulson months to convince investors that housing would crumble.
Now it’s taking him awhile to get them excited about gold, his latest passion.
When Mr. Paulson’s Paulson & Co. late last year announced it was starting a hedge fund to make a big gold bet, many on [...]
Investors Exit Some Europe Bets but Remain Bearish
The Wall Street Journal
FEBRUARY 18, 2010
by Gregory Zuckerman and Kate Kelly
Some hedge funds have started to adjust their investment strategies as European officials voice harsher criticism of investors who have used exotic investments to bet against the debt of countries like Greece, traders said.
Elected leaders in France and Germany have highlighted what they view as [...]
Outlook: Where Will the Markets Go Next?
The Wall Street Journal
FEBRUARY 7, 2010
by Gregory Zuckerman
A year ago, investors were dealing with heavy losses from the most brutal stock-market selloffs in years. The last thing they expected was a ferocious bull market. And yet, shares soon began to soar — climbing more than 50%.
Last year’s unexpected stock rebound — and the sudden selloff [...]
Cost of Insuring Debt Alarms Investors
The Wall Street Journal
FEBRUARY 5, 2010
by Gregory Zuckerman
Countries have dealt with debt woes before.
But the latest fears about government debt now riling some European markets are being fueled by a relatively new trading tool that lets investors bet against nations’ bonds.
Credit-default swaps, or CDS, enable investors to protect themselves from a default of the debt [...]
‘Emerging’ Stock Markets Are Looking Better
The Wall Street Journal
SEPTEMBER 27, 2009
by Gregory Zuckerman
On the heels of one of the worst years in stock-market history, some experts say investors should shift more money into a surprising area: emerging markets.
For years, shares and bonds from emerging markets made investors wary. Sure, their growth often could be much stronger than that of developed [...]
Lessons of the Financial Crisis — One Year Later
The Wall Street Journal
AUGUST 30, 2000
By GREGORY ZUCKERMAN
The numbers hardly tell the story.
Today, the Dow Jones Industrial Average stands roughly 2000 points below where it was on this end-of-summer weekend one year ago. No one knew then, of course, but the U.S. stock market and the world economy were just days from historic calamity, unprecedented [...]
