The Big Saturday Interview: Zuckerman on John Paulson’s $15 Billion Bet

Did you miss last week’s Big Saturday Interview with author of The Greatest Trade Ever, Greg Zuckerman?

This weekend TradingMarkets is providing a complete transcript of our 20-minute conversation with Greg Zuckerman, Special Writer for the Wall Street Journal. In this fascinating discussion, we learn from Greg Zuckerman how an otherwise “mild-mannered hedge fund manager” became the man behind what has come to be known as the greatest trade ever: John Paulson’s $15 billion bet against the subprime mortage bubble.

Says Zuckerman: “The thing that is striking to me is that you would not have expected these people to pull off the greatest trade ever. I mean, who should have done the greatest trade ever? Maybe George Soros or a Buffet – somebody like that, may be Jim Chanos who is a short seller. Instead it was, as I mentioned, John Paulson.”

Click here to access the full interview transcript from our Big Saturday Interview with Gregory Zuckerman.

And to pick up a copy of Zuckerman’s book, now available in paperback, click the link below:

The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History