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We Are The 1%. Part Three.

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Lesleymo Donating Member (225 posts) Send PM | Profile | Ignore Tue Oct-18-11 05:30 PM
Original message
We Are The 1%. Part Three.
John Paulson, hedge fund manager

- made a fortune by deliberately setting up bundles of crappy mortgages, selling them to unsuspecting investors, and betting against them at the same time.

- way smarter than you.

- did nothing illegal, which is maybe the most amazing part.

- estimated worth: $15.5 billion

- do not deserve to be vilified for my success.

I am the 1%. Deal with it.


(The series is here: http://Lesleymopolitics.blogspot.com)
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Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 05:32 PM
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1. LOVE THIS!! LOL!! n/t
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Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 05:50 PM
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2. Poor John...
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1343785
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Pacifist Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 06:05 PM
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3. That blog is great!
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Lesleymo Donating Member (225 posts) Send PM | Profile | Ignore Tue Oct-18-11 06:10 PM
Response to Reply #3
4. Thank you! I'm trying to decide who to pick on next.
LOL ... I do amuse myself.
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Pacifist Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 06:15 PM
Response to Reply #4
5. Couldn't hurt to pick a Walton I suppose.
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Earth_First Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 06:22 PM
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6. The blogger should be extremely careful if he did not pay for that iStockphoto of the clock...
Perhaps it is free, but if not; these photo stock websites WILL prosecute you for this...
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Lesleymo Donating Member (225 posts) Send PM | Profile | Ignore Tue Oct-18-11 06:49 PM
Response to Reply #6
7. Clock photo? What clock photo?
(Thanks for the heads-up)
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