Detailed text transcripts for TV channel - CNN - 20100427:14:31:00
Jersey heating repairman. jack fell behind on his mortgage, so far behind that he lost the house to a foreclosure. on monday it was put up for auction at the county hall of records. >> thank you for inviting me to appear today. >> reporter: this is hedge fund manager john paulson, he bet that jack and thousands of other americans would not be able to pay their mortgages. paulson bet right and made $1 billion. this is goldman sachs, the nations most prestigious investment firm. goldman sachs set ...
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