Simply Put, "Paulson is The Man"

Very interesting article on hedge fund manager John Paulson.

http://www.portfolio.com/executives/features/2009/01/07/John-Paulson-Profits-in-Downturn

This has got to be the trade of the year, maybe decade:

Long before the financial crisis hit, Paulson, according to one person briefed on the trade, invested $22 million in a credit default swap that eventually paid $1 billion when the federal government opted not to rescue Lehman Brothers. That amounts to a staggering $45.45 for each dollar invested. -(Conde Nast Portfolio)