Hank Paulson looses a mill in R.E.
Started by Riversider
over 15 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
Paulson sold his three-bedroom home in a tony Washington neighborhood last week for close to a third less than his initial asking price and more than $1 million below what he paid for it more than four years ago. The loss is not likely to have much impact on Paulson's net worth, which was estimated to be as much as $700 million in 2008. http://www.reuters.com/article/marketsNews/idUSN3011337120101230
The author did a fine job making a 3 sentence news flash into a full dramatic story, complete with blame.
He would have made money if he had let Goldman handle his sale.