At the exact moment that 3.5 million Puerto Ricans are getting a Financial Control Board, a billionaire gets a major Puerto Rican beach. John Paulson, the King of subprime mortgages and vulture funds, just acquired 250 condominiums and 46 acres of beachfront property.
While Puerto Ricans are forced off the island, Paulson will welcome 250 rich foreigners (mostly from the US) to his luxury condos in Humacao, Puerto Rico.
http://cb.pr/paulson-buys-harbour-lakes-in-palmas-del-mar/
PAULSON SPECIALIZES IN “DISTRESSED PROPERTIES” AND HOME EVICTIONS
John Paulson made his greatest fortune…billions of dollars…by profiting on home foreclosures during the U.S. mortgage crisis in 2007.
http://www.huffingtonpost.com/david-fiderer/the-moral-compass-missing_b_358856.html
In 2007 alone, Paulson made over $15 billion “by short-selling the U.S. housing market, effectively betting on its collapse, even perpetuating the magnitude of the collapse.”
http://realestate.aol.com/blog/2010/04/28/was-john-paulson-the-goldman-scandals-real-ringmaster/
PUERTO RICANS EVICTED OFF THEIR OWN ISLAND…BY JOHN PAULSON
John Paulson perfected his predatory business model in the 2007 US mortgage crisis. He…
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