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Old 05-20-2009, 08:53 AM
 
26,867 posts, read 42,170,576 times
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John Paulson, the hedge fund manager who made an estimated $3.7bn (£2.4bn) shorting the US housing market ahead of its collapse, is placing a firm bet on a medium-term property recovery with the launch of a new fund.

John Paulson bets on property recovery with new fund - Telegraph
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Old 05-20-2009, 09:42 AM
 
Location: Portland, Oregon
7,090 posts, read 11,203,861 times
Reputation: 4118
I wonder how much his commission is to run the fund.
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Old 05-20-2009, 03:31 PM
 
159 posts, read 510,650 times
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Yeah, luvvie and I were wondering where to put our millions of $$ just sitting around doing nothing. Glad to hear someone is coming up with a fund to take advantage of this artificially low price market for real estate.
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Old 05-26-2009, 01:58 PM
 
Location: Imaginary Figment
11,456 posts, read 13,351,493 times
Reputation: 4774
Quote:
Originally Posted by ExcellentFudge View Post
Glad to hear someone is coming up with a fund to take advantage of this artificially low price market for real estate.
Now that's funny.
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Old 05-26-2009, 05:54 PM
 
Location: Rockland County New York
2,984 posts, read 5,441,064 times
Reputation: 1295
Quote:
Originally Posted by ExcellentFudge View Post
Yeah, luvvie and I were wondering where to put our millions of $$ just sitting around doing nothing. Glad to hear someone is coming up with a fund to take advantage of this artificially low price market for real estate.
I don't home prices are artificial. With living wage jobs now disappearing and the middle class diminishing, home prices are dropping in response to those events.
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Old 05-26-2009, 09:37 PM
 
159 posts, read 510,650 times
Reputation: 76
Quote:
Originally Posted by Stac2007 View Post
I don't home prices are artificial. With living wage jobs now disappearing and the middle class diminishing, home prices are dropping in response to those events.
Sarcasm does not come across well on the internet.
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