{"id":189325,"date":"2010-04-16T14:06:00","date_gmt":"2010-04-16T19:06:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/04\/16\/a-correction-6\/"},"modified":"2010-04-16T14:06:00","modified_gmt":"2010-04-16T19:06:00","slug":"a-correction-6","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/04\/16\/a-correction-6\/","title":{"rendered":"A Correction:"},"content":{"rendered":"<p>In the story of the SEC filing charges against Goldman Sachs, I <a href=\"http:\/\/40yrs.blogspot.com\/2010\/04\/breaking-vampire-squid-charged-by-sec.html\">said that Magnetar was likely the firm that was lobbying for crappy CDOs<\/a>.<\/p>\n<p>This is not true.  It was Paulson &amp; Co. Inc., run by John Paulson, the protagonist of the book <span style=\"font-style: italic;\">The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History<\/span>, about his fabulously successful shorting of the subprime market.<\/p>\n<p>My guess is that he&#8217;s going to seem a Paulson, no relation to the former Treasury Secretary, will find his star dimmed a bit, particularly since the SEC has made it clear that he is under investigation as well.<\/p>\n<p>I guess he sounds a bit less like a brave hero now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the story of the SEC filing charges against Goldman Sachs, I said that Magnetar was likely the firm that was lobbying for crappy CDOs. This is not true. It was Paulson &amp; Co. Inc., run by John Paulson, the protagonist of the book The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1047,970,1004,1088,985],"tags":[],"class_list":["post-189325","post","type-post","status-publish","format-standard","hentry","category-corrections","category-corruption","category-finance","category-real-estate","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189325"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=189325"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189325\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=189325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=189325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=189325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}