I heard this rumor as well and believe it to be true. I don't think there has been much mention here of how Paulson & Co colluded with Goldman Sachs during that

I heard this rumor as well and believe it to be true. I don't think there has been much mention here of how Paulson & Co colluded with Goldman Sachs during that time to essentially rip off Goldman customers. There was a huge lawsuit about that that I believe Goldman ultimately lost. IIRC the vehicle involved was called Abacus. I always thought Paulson was slimy. After the increased scrutiny it is no surprise to me that his returns have plummeted.