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Lindley Estes is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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John Paulson’s big bet detailed in “The Greatest Trade Ever”

John Paulson's "The Greatest Trade Ever"FEW HAVE BEEN spared from the fallout of the U.S. housing bust.

Homeowners have lost their houses. Banks have failed. Job losses have been massive in industries directly touched. The government has stepped in, all but ensuring higher taxes down the road. Consumer confidence has suffered, as have retailers dependent on them.

But for a very small minority of people, the housing bust has led to unimaginable riches. At the top of that heap is John Paulson.

Click here to read the rest of this week’s Business Browser column.

Click here to read more about the book reviewed this week, Gregory Zuckerman’s "The Greatest Trade Ever."

Permalink: http://news.fredericksburg.com/businessbrowser/2009/12/27/john-paulsons-big-bet-detailed-in-the-greatest-trade-ever/