{"id":7548,"date":"2008-04-18T00:00:00","date_gmt":"2008-04-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"in-world-of-hedge-funds-subprime-was-a-bonanza","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2008\/in-world-of-hedge-funds-subprime-was-a-bonanza.html","title":{"rendered":"In world of hedge funds, subprime was a bonanza"},"content":{"rendered":"<p>Minneapolis Star Tribune- The subprime mortgage mess that has caused massive losses for homeowners and banks was a little kinder to hedge fund manager John Paulson. Betting that subprime mortgage securities would sour, Paulson personally earned $3.7 billion last year.<\/p>\n<p>Yes, that&#8217;s billion with a &quot;B.&quot;<\/p>\n<p>He wasn&#8217;t the only one with Titanic-size profits. Two other fund managers, George Soros and James Simons, who are notoriously secretive about their investments, earned $2.9 billion and $2.8 billion, respectively, according to Alpha Magazine&#8217;s annual list of top hedge fund earners.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.startribune.com\/business\/17878899.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minneapolis Star Tribune- The subprime mortgage mess that has caused massive losses for homeowners and banks was a little kinder to hedge fund manager John Paulson. Betting that subprime mortgage securities would sour, Paulson personally earned $3.7 billion last year. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7548","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7548"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7548\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}