{"id":7504,"date":"2008-04-11T00:00:00","date_gmt":"2008-04-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-paulson-trades-up-in-hamptons","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/04\/2008\/hedge-funds-paulson-trades-up-in-hamptons.html","title":{"rendered":"Hedge Funds Paulson Trades Up in Hamptons"},"content":{"rendered":"<p>Wall Street Journal- Last year, hedge-fund manager John Paulson pocketed billions by betting the housing market would collapse, but in the Hamptons he&#8217;s just listed his three-acre retreat for $19.5 million, more than 50% above what he paid for it two years ago.<\/p>\n<p class=\"times\">The founder of Paulson &amp; Co., managing roughly $32 billion, recently bought a 10.4-acre lakefront compound less than a mile away for $41.3 million. The seller was Rodney Propp, chairman of a Manhattan property firm.<\/p>\n<p class=\"times\">Last year, Mr. Paulson made as much as $3 billion to $4 billion for himself &#8212; thought to be a record one-year payday on Wall Street. This year the former Bear Stearns Cos. investment banker bet against the financial sector and profited from weakening among banks, including Bear.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/online.wsj.com\/article\/SB120786983098906375.html%3Fmod%3Dgooglenews_wsj\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street Journal- Last year, hedge-fund manager John Paulson pocketed billions by betting the housing market would collapse, but in the Hamptons he&#8217;s just listed his three-acre retreat for $19.5 million, more than 50% above what he paid for it [&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-7504","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7504"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7504\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}