No sooner was Steinway’s owner added to the Donald Trump team than the man who negotiated the company’s sale to John Paulson left his job without explanation. Cause and effect? Not a word from either side. Total silence. Michael Sweeney has been replaced as CEO by Steinway lifer Ron Losby. Sweeney is a former president […]
The piano manufacturer is owned by hedge funder John Paulson. Ethan Iverson points out that Paulson is a longtime supporter of the Republican candidate. He is now serving as one of Trump’s economic advisors. Paulson made his fortune in 2007-8 by betting on a US housing market crash. That earned him $15 billion. He bought Steinway […]
An important, dismaying read: Ethan Iverson on Steinway, John Paulson, and Donald Trump.... Earlier this month, a group led by the composer Ashley Fure unsettled the Darmstadt Summer Courses for New Music with GRID, or Gender Research in Darmstadt, an...
Republican presidential nominee Donald Trump spoke at the prestigious Detroit Economic Club Monday, where he laid out his economic vision. In his economic policy speech Monday, Donald Trump vowed to slash corporate taxes and end the estate tax. Show More Summary
Investigative reporter Greg Palast tells The Real News Network that Paulson made billions in the mortgage market collapse and by holding the auto industry hostage for taxpayer money.
Or, how we learned that Mr. Trump likes having a lot of Steves around.
John Paulson is worth over $11 billion. According to Forbes magazine, John Paulson is worth over $11 billion. He is the 42nd richest person in the United States and the 108th richest in the world. Paulson made a big part of his fortune...Show More Summary
According to Forbes magazine, John Paulson is worth over $11 billion. He is the 42nd richest person in the United States and the 108th richest in the world. Paulson made a big part of his fortune betting against low-income homeowners and on the collapse of subprime mortgage market and during the 2007-2008 global financial crisis. Show More Summary
U.S. strikes back at decision to drop MetLife's TBTF designation; 'John Paulson is co-hosting a Trump fundraiser; Microsoft gets into the pot biz; Dad uses helicopter to extract son's loose tooth; and more.
LONDON (Reuters) - Activist investors Carl Icahn and John Paulson are making American International Group (AIG) more transparent through their representation on its board, the U.S. insurer's president and chief executive Peter Hancock said on Wednesday. Show More Summary
If emission rates continue unchecked, regions of the United States could experience between three and nine additional days per year of unhealthy ozone levels by 2050, according to a new study from the Harvard John A. Paulson School of...Show More Summary
Tina Fey is all smiles as she hits the red carpet at Tribeca Talks Storytellers: Tina Fey with Damian Holbrook held during the 2016 Tribeca Film Festival at the John Zuccotti Theater at BMCC Tribeca Performing Arts Center on Tuesday (April 19) in New York City. The 45-year-old entertainer talked about how early Mean Girls [...]
At this point, the hedge fund manager could bench press a dozen Bloomberg terminals.
Several days ago, following the latest M&A deal to blow up and rock the hedge fund world when the US Treasury ended the Pfizer-Allergan deal, we were wondering with event/arb funds would be most impacted. We now of know at least one,...Show More Summary
William A. Ackman’s devotion to Valeant continues to cost him dearly, something he shares with John Paulson.
(CAMBRIDGE, Massachusetts) - A team at the Wyss Institute for Biologically Inspired Engineering at Harvard University and the Harvard John A. Paulson School for Engineering and Applied Sciences (SEAS) has invented a method for 3D bioprinting...Show More Summary