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1. www.theglobeandmail.com › globe-investor › howHow Paulson created toxic debt - The Globe and Mail

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   Apr 20, 2010 · Paulson didn't come out and say it, but the banker suspected that Paulson would push for combustible mortgages and debt to go into any CDO, making it more likely that it would go up in flames.

2. www.cbc.ca › news › canadaFraud dispute led to fatal Toronto office shooting: gunman's ...

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   Jun 19, 2024 · The wife of a gunman in a fatal Toronto shooting says he believed the two victims were behind an alleged mortgage investment scheme that defrauded their family.

3. www.nytimes.com › 2010/04/17 › businessInvestor Who Made Billions Not Targeted in Goldman Suit - The ...

   www.nytimes.com › 2010/04/17 › business

   Apr 17, 2010 · After analyzing risky mortgages made on homes in Arizona, California, Florida and Nevada, where the housing markets had overheated, Mr. Paulson went to Goldman to talk about how he could bet...

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4. www.forbes.com › sites › robertlenznerThe 2008 Meltdown And Where The Blame Falls - Forbes

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   By the fall of 2008 the decline in the value just of subprime mortgage backed bonds-- which lost up to 80% of their value in the market--meant that Fannie Mae, Freddie Mac, Lehman, Merrill...

5. www.reuters.com › article › worldFactbox: How Goldman's ABACUS deal worked | Reuters

   www.reuters.com › article › world

   Apr 16, 2010 · The risky mortgage bonds that Paulson wanted to short were essentially subprime home loans that had been repackaged into bonds. The bonds were rated "BBB," meaning that as the home loans...

6. www.thedailybeast.com › inside-paulsons-deal-withInside Paulson's Deal with Goldman - The Daily Beast

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   Jul 14, 2017 · The big bank had failed to sell all of the CDO deals it constructed at Paulson’s behest and was stuck with chunks of toxic mortgages, suffering about $500 million of losses from these customized...

7. People also ask

   Did John Paulson bet on the subprime mortgage crisis?

   • It was those types of end-buyers we just mentioned that the stars of the subprime mortgage crisis (the best known is John Paulson) bet against. The first to see what was actually inside these CDOs (the very risky subprime bonds that John Devaney was buying and the CDO manager was "vetting") was this guy, Michael Burry. He saw it in 2005.

   Michael Lewis's Guide to the People Behind the Mortgage Crisis

   www.businessinsider.com/the-big-short-mortgage-crisis-2010-3

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   Did a mortgage investment scheme defraud a family?

   • Police responded to reports of gunshots in an area near schools and a daycare. (Arlyn McAdorey/The Canadian Press) The wife of a gunman in a fatal Toronto shooting says he believed the two victims were behind an alleged mortgage investment scheme that defrauded their family.

   Fraud dispute led to fatal Toronto office shooting: gunman's wife

   www.cbc.ca/news/canada/toronto/toronto-shooting-alisa-pogorelovsky-alan-kats-1.7239676

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   Why did Hank Paulson call the Treasury?

   • All day long the chairman of General Electric, a company recognized across the globe as a leading industrial giant, was calling the Secretary of the Treasury, Hank Paulson to warn that the next day, Sept. 18, that GE would no longer be able to roll over its short term debt. The American business system was on the cusp of faltering mightily.

   The 2008 Meltdown And Where The Blame Falls - Forbes

   www.forbes.com/sites/robertlenzner/2012/06/02/the-2008-meltdown-and-where-the-blame-falls/

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8. www.businessinsider.com › the-big-short-mortgageMichael Lewis's Guide to the People Behind the Mortgage ...

   www.businessinsider.com › the-big-short-mortgage

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   Mar 30, 2010 · Burry, Paulson, Bass, and the guys from Cornwall Capital had to ask Wall Street to let them buy CDOs made up of credit default swaps on those bonds, aka the insurance on CDOs made up of...