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Roger

Oviedo, FL, United States

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  • The Greatest Trade Ever: How John Paulson Defied Wall Street and Made Financial History

    • UNABRIDGED (11 hrs and 39 mins)
    • By Gregory Zuckerman
    • Narrated By Marc Cashman
    • Whispersync for Voice-ready
    Overall
    (299)
    Performance
    (85)
    Story
    (89)

    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....

    David says: "Better Books Now Available"
    "Fantastic Story with Great Context"
    Overall

    This is a great story about the company and the man who did the trading. It also provides a very nice description of what was happening with CDO's, the housing market, and Wall Street. You will understand what happened after listing to this. You will also wonder how the big companies did not see it coming much sooner.

    0 of 0 people found this review helpful

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