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Old July 23rd, 2008, 11:44 AM   #1
clarkstoncracker
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Default John Paulson is putting money back into the housing market.

http://www.clusterstock.com/2008/7/j...buy-financials
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Old July 23rd, 2008, 12:35 PM   #2
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who?
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Old July 23rd, 2008, 01:11 PM   #3
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who?


A rich, VERY rich guy who is about to make a lot more money based on the failure of the mortgage market and the misery of others.
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Old July 23rd, 2008, 01:29 PM   #4
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A rich, VERY rich guy who is about to make a lot more money based on the failure of the mortgage market and the misery of others.
Correction: He has already made money on the ride down. He is now banking on catching the ride up.
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Old July 23rd, 2008, 01:33 PM   #5
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A rich, VERY rich guy who is about to make a lot more money based on the failure of the mortgage market and the misery of others.
lol.

Rich in this case means extremely good at market speculation. Don't hate the man for making money because he's smart and willing to take risks. Its not his fault banks gave a ton of loans to people who should have never received one.

And hes not about to get richer off poor people. If you read the article, you will see he is now banking on the upswing.

Maybe you should buy some Berkshire and let rich people make you rich : )
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Old July 23rd, 2008, 01:45 PM   #6
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lol.

Rich in this case means extremely good at market speculation. Don't hate the man for making money because he's smart and willing to take risks. Its not his fault banks gave a ton of loans to people who should have never received one.

And hes not about to get richer off poor people. If you read the article, you will see he is now banking on the upswing.

Maybe you should buy some Berkshire and let rich people make you rich : )

Maybe you should read my post.

No where did I say I hated him. No where did I say the poor would be directly affected.

But, what I did say was all true.

He is very rich.....true

He is about to make a lot MORE money......true

The mortgage market failure is what he banked on and made $3.7B and now he stands to make more on the upswing.....true

Many people lost money when said market failed and I am sure many of them are miserable......true

Nope, I did not misread the article. I simply put it into plain, yet true terms.

It was you who read something into what I said based on your perceptions of how I think.
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Old July 23rd, 2008, 03:52 PM   #7
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Who?
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Old July 23rd, 2008, 03:59 PM   #8
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Who?
in project mayhem you do not have a name,

Only death do you have a name.....



his name is ROBERT paulson
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Old July 23rd, 2008, 04:31 PM   #9
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Maybe you should read my post.

No where did I say I hated him. No where did I say the poor would be directly affected.

But, what I did say was all true.

He is very rich.....true

He is about to make a lot MORE money......true

The mortgage market failure is what he banked on and made $3.7B and now he stands to make more on the upswing.....true

Many people lost money when said market failed and I am sure many of them are miserable......true

Nope, I did not misread the article. I simply put it into plain, yet true terms.

It was you who read something into what I said based on your perceptions of how I think.
"A rich, VERY rich guy who is about to make a lot more money based on the failure of the mortgage market and the misery of others."

A rich, VERY rich guy who is about to make a lot more money based on the recent failure of the mortgage market and the misery of others because he believes it is about to rebound.
You worded your reply poorly then.
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Old July 24th, 2008, 08:03 AM   #10
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"A rich, VERY rich guy who is about to make a lot more money based on the failure of the mortgage market and the misery of others."

A rich, VERY rich guy who is about to make a lot more money based on the recent failure of the mortgage market and the misery of others because he believes it is about to rebound.
You worded your reply poorly then.


Poorly is a matter of interpretation.

Could I have been more inclusive or more detailed? Sure. But that is what the link to the article is for.

I read it, put it into my own words and posted. I did not lie. I did not hide the truth. I did not twist the facts. At least in my opinion, I did not do these things.
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Old July 24th, 2008, 08:21 AM   #11
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Poorly is a matter of interpretation.

Could I have been more inclusive or more detailed? Sure. But that is what the link to the article is for.

I read it, put it into my own words and posted. I did not lie. I did not hide the truth. I did not twist the facts. At least in my opinion, I did not do these things.
Are you a journalist Pete?

Seriously, leaving out small details skews the point. Your response implys that he is still of the opinion that the market is on the down turn. This clearly is not the point as he made the money on the down turn and he is ponying up the cash because he feels that we are poised for an upturn. However, leaving the detail out that there is an upturn stinks of the same crap we deal with every day in our media. Only reporting 1/2 the story or leaving out small details that change the whole point of it.
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Old July 24th, 2008, 10:07 AM   #12
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Deuce already said what I was going to type, almost verbatim.

Its all in the wording..
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Old July 24th, 2008, 02:54 PM   #13
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Are you a journalist Pete?

Seriously, leaving out small details skews the point. Your response implys that he is still of the opinion that the market is on the down turn. This clearly is not the point as he made the money on the down turn and he is ponying up the cash because he feels that we are poised for an upturn. However, leaving the detail out that there is an upturn stinks of the same crap we deal with every day in our media. Only reporting 1/2 the story or leaving out small details that change the whole point of it.


You may well be correct that I could have put more information into what I posted.

I hope all that post in here will remember that next time they leave out details and/or facts.
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Old July 24th, 2008, 06:46 PM   #14
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Pete who ?
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