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Morgan Stanley pulls the plug on John Paulson, its Wealth Management Division recommending...

Morgan Stanley pulls the plug on John Paulson, its Wealth Management Division recommending clients sell 6 his funds after 2 years of horrid performance. Paulson is a major holder of GLD, and surely knew the liquidations were coming. Might this have something to do with the recent sell off in the metal, asks ZH.
Comments (5)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Plenty are taking PM profits going into the end of the year, regardless of Paulson, who likely did hedge some of his holdings (sold plenty of rich upside GLD calls into Sept).
    19 Dec 2012, 04:03 PM Reply Like
  • ronis100
    , contributor
    Comments (28) | Send Message
     
    great analysis--paulson lucked out on subprime. since then less luck. win some lose some--collect 2% management fee-life is good
    19 Dec 2012, 04:18 PM Reply Like
  • Rousseau SC
    , contributor
    Comments (284) | Send Message
     
    What is his relationship if any to former Treasury Sec Paulson?
    19 Dec 2012, 05:16 PM Reply Like
  • whaddyamean?
    , contributor
    Comments (514) | Send Message
     
    Isn't he the guy who ran for President in 1996?
    19 Dec 2012, 05:58 PM Reply Like
  • bd4uandu
    , contributor
    Comments (1828) | Send Message
     
    I remember a Pat Paulson who ran for Pres. Hmmm...who knows they could all be from the same clan. Pat seemed to make the most sense of all of them. Scary.
    20 Dec 2012, 10:48 AM Reply Like
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