Archive for April 16th, 2008
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… and they didn’t actually produce a damn thing.
Wall Street Winners Get Billion-Dollar Paydays - New York Times
Hedge fund managers, those masters of a secretive, sometimes volatile financial universe, are making money on a scale that once seemed unimaginable, even in Wall Street’s rarefied realms.One manager, John Paulson, made $3.7 billion last year. He reaped that bounty, probably the richest in Wall [...]