In the subprime mortgage game, John Paulson won

Looks like not everyone is being negatively effected by the subprime mortgage disaster. From a Jan. 15 Wall Street Journal article, "Trader Made Billions on Subprime":

On Wall Street, the losers in the collapse of the housing market are legion. The biggest winner looks to be John Paulson, a little-known hedge fund manager who smelled trouble two years ago.

Funds he runs were up $15 billion in 2007 on a spectacularly successful bet against the housing market. Mr. Paulson has reaped an estimated $3 billion to $4 billion for himself -- believed to be the largest one-year payday in Wall Street history.

Smart guy and at the right place, right time - hence: winner.

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