Tuesday, October 18, 2011

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.

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