Mycalculations, which assume 50% impairmentonsubprime loans, suggest itispossible, all in, for thisportfoliotogenerate between $1 trillion and $2.2 trillion -- the greatesttradeever.
John Paulson, the hedge fund manager who pulled off thegreatesttradeever by betting against subprime mortgage securities, has experienced two difficult years.
John Paulson, the hedge fund manager who pulled off thegreatesttradeever betting against subprime mortgage securities, is the largest owner of Gabriel, owning a 16% stake through his hedge funds.
Paulson pulled off thegreatesttradeever five years ago, but now he is having to sooth jittery investors after his biggest funds posted doubled digit losses for the past 18 months.