Gregory Zuckerman: The Greatest Trade Ever : The Behind-The-Scenes Story of How John Paulson Defied Wall Street and Made Financial History

The Greatest Trade Ever : The Behind-The-Scenes Story of How John Paulson Defied Wall Street and Made Financial History


Description

In 2006, hedge fund manager John Paulson realized something few others suspected--that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. He had spent a career as an also-ran on Wall Street. But Paulson was convinced this was his chance to make his mark. He just wasn't sure how to do it. Colleagues at investment banks scoffed at him and investors dismissed him. Even pros skeptical about housing shied away from the complicated derivative investments that Paulson was just learning about. But Paulson and a handful of renegade investors such as Jeffrey Greene and Michael Burry began to bet heavily against risky mortgages and precarious financial companies. Timing is everything, though. Initially, Paulson and the others lost tens of millions of dollars as real estate and stocks continued to soar. Rather than back down, however, Paulson redoubled his bets, putting his hedge fund and his reputation on the line. In the summer of 2007, the markets began to implode, bringing Paulson early profits, but also sparking efforts to rescue real estate and derail him. By year's end, though, John Paulson had pulled off the greatest trade in financial history, earning more than $15 billion for his firm--a figure that dwarfed George Soros's billion-dollar currency trade in 1992. Paulson made billions more in 2008 by transforming his gutsy move. Some of the underdog investors who attempted the daring trade also reaped fortunes. But others who got the timing wrong met devastating failure, discovering that being early and right wasn't nearly enough. Written by the prizewinning reporter who broke the story in The Wall Street Journal, The Greatest Trade Ever is a superbly written, fast-paced, behind-the-scenes narrative of how a contrarian foresaw an escalating financial crisis--that outwitted Chuck Prince, Stanley O'Neal, Richard Fuld, and Wall Street's titans--to make financial history. From the Hardcover edition.

As teenage werewolf Kalix MacRinnalch is pursued through the streets of London by murderous hunters, her sister, the Werewolf Enchantress, is busy designing clothes for the Fire Queen. Meanwhile, in the Scottish Highlands, the MacRinnalch Clan is plotting and feuding after the head of the clan suddenly dies intestate. As the court intrigue threatens to explode in all-out civil war, the competing factions determine that Kalix is the swing vote necessary to assume leadership of the clan. Unfortunately, Kalix isn't really into clan politics - laudanum's more her thing. But what's even more unfortunate is that Kalix is the reason the head of the clan ended up dead, which is why she's now on the run in London ... All couples walk to the altar dreaming of happily-ever-after, but many forces in our society work against healthy lifelong commitment. Renowned family therapist William J. Doherty reveals how cracks can develop in even a rock-solid marriage, and what steps you can take to keep your love strong. Learn ways to break free of common traps like confusing desires with needs, comparing your spouse to your fantasies of other relationships, or becoming overtime parents instead of full-time partners. You'll get suggestions for creating relationship rituals--from mundane to The Greatest Trade Ever : The Behind-The-Scenes Story of How John Paulson Defied Wall Street and Made Financial History free download pdf celebratory, sexy to silly--that build closeness and connection every day. The updated second edition incorporates Dr. Doherty's ongoing experience counseling couples, plus the latest information on marriage and health, how divorce affects kids, the impact of new technologies on family life, and more. Winner--Best Self-Help Book, ForeWord Magazine's Book of the Year Awards


____________________________
Author: Gregory Zuckerman
Number of Pages: 307 pages
Published Date: 07 Dec 2010
Publisher: Random House USA Inc
Publication Country: New York, United States
Language: English
ISBN: 9780385529945
Download Link: Click Here
____________________________

Tags:

facebook, iPad, rarfor PC, Gregory Zuckerman free pdf,zip, pocket, free pdf, epub download, fb2, facebook, iPhone, ebook, Read online, iOS,read online The Greatest Trade Ever : The Behind-The-Scenes Story of How John Paulson Defied Wall Street and Made Financial History by Gregory Zuckerman iOS,download ebook, ebook pdf, paperback,The Greatest Trade Ever : The Behind-The-Scenes Story of How John Paulson Defied Wall Street and Made Financial History rar,kindle, for mac, download pdf, book review, mobi,download epub, download book, free ebook, download torrent,

International Clinics, Vol. 3 : A Quarterly of Clinical Lectures and Especially Prepared Original Articles on Treatment, Medicine, Surgery, Neurology, Paediatrics, Obstetrics, Gynaecology, Orthopaedics, Pathology, Dermatology, Ophthalmology, Otology, Rhino download ebook