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

In 2006, hedge fund manager John Paulson realized something few others suspected - that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall.Paulson' s background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing.He had spent a career as an also-ran on Wall Street.But Paulson was convinced this was his chance to make his mark.