Paulson’s Big Long: A Bet on Trump Yields Power and Profit

(Bloomberg) Since making a fortune on the U.S. housing collapse a decade ago, the hedge-fund billionaire’s company has played a key role in lobbying in Washington. Much of it is directed at Fannie Mae and Freddie Mac, the giants at the heart of the nation’s mortgage market. With Trump’s victory, Paulson — a political donor and economic adviser to the president-elect — is already seeing a payoff.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply