Money: Hedge Fund Manager = Top Paper
11 05 2008Wall Street Winners Get Billion-Dollar Paydays
“You talking mon-nay. I got plentay,” Shawty Lo
Hedge fund managers, those masters of a secretive, sometimes volatile financial universe, are making money on a scale that once seemed unimaginable, even in Wall Street’s rarefied realms.
One manager, John Paulson, made $3.7 billion last year. He reaped that bounty, probably the richest in Wall Street history, by betting against certain mortgages and complex financial products that held them.
Tags : Hedge Funds, Money
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