john paulson

Defying Donald Trump’s Kleptocracy

Chris Hedges / Truthdig Jan 2, 2017 The president-elect represents the late stage of capitalism, when corporations, no longer able to generate profits at former levels, pillage the government and society for profit. However, he will be vulnerable to impeachment if we take to the streets. Dig deeper ( 7 Min. Read )

Donald Trump Economic Adviser John Paulson Took Billions in Auto Industry Bailout

Staff / Truthdig Aug 11, 2016 Investigative reporter Greg Palast tells The Real News Network that Paulson made billions in the mortgage market collapse and by holding the auto industry hostage for taxpayer money. Dig deeper ( 8 Min. Read )

Take, Don’t Make!

By Les Leopold Apr 18, 2013 How did two hedge funds that have fewer than 100 employees each make as much money as Apple Inc., which relies on the hard work of its nearly 30,000 U.S. employees and an additional 700,000 workers and contractors globally? Dig deeper ( 8 Min. Read )

This Physician Supports Occupy Wall Street

Staff / Truthdig Oct 12, 2011 Wall Street protesters joined progressive and community groups Tuesday on a march to the homes of several New York City billionaires to demand that Gov. Andrew Cuomo and state lawmakers extend a surcharge tax on the state’s wealthiest residents, and New York City physician Bertha Bauer stands with them. (more) Dig deeper ( 2 Min. Read )

How to Be a Billionaire

Moshe Adler / Truthdig Feb 2, 2011 All you have to do to be a billionaire is to have an idea. John A. Paulson had an idea, and in 2010 his idea made him $5 billion. (more) Dig deeper ( 1 Min. Read )

Key Testimony May Hinder SEC’s Goldman Sachs Suit

Staff / Truthdig Apr 22, 2010 On Wednesday, a day after Goldman Sachs stock took a dip as the SEC's lawsuit against the financial giant loomed large, The Wall Street Journal suggested that Goldman could catch a break in the case (continued) . Dig deeper ( 1 Min. Read )

Goldman Sachs Posts Big Profits as SEC Suit Awaits

Staff / Truthdig Apr 20, 2010 Goldman Sachs has demonstrated a remarkable ability to keep pulling in the profits -- and bestowing bonuses on company execs -- regardless of the state of the global economy, and despite what the bank might have done to damage it in the first place On Tuesday (continued)Goldman Sachs has demonstrated a remarkable ability to keep pulling in the profits regardless of the state of the global economy. Dig deeper ( 1 Min. Read )