Paul Singer
Paul Singer
Paul Elliott Singeris an American hedge fund manager, activist investor, and philanthropist. His hedge fund, Elliott Management Corporation—specializes in distressed debt acquisitions.:301 Singer is also the founder and CEO of NML Capital Limited, a Cayman Islands-based offshore unit of Elliott Management Corporation. In 2015, Forbes rated Singer's net worth as $2.1 billion...
NationalityAmerican
ProfessionBusinessman
Date of Birth22 August 1944
CountryUnited States of America
complex entities global granted leverage sufficient threaten trade
Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system.
cool
'What am I missing?' is a much more important question than 'How cool am I?'
amendment bankruptcy code operate orderly prescribed prevent provisions replaced timely
The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as mark-to-market payments are being made in a timely fashion.
There is no safe haven in today's markets.
citizen concern fixed god happen income manager money oh people point trillion
My concern as a citizen and as a money manager is, Oh my God, at what point does a 'whoa' moment happen to these people who own $30 trillion fixed income instruments?
america marriage
Obviously, the institution of marriage in America has utterly collapsed.
health impossible potential understand
It is impossible to understand the financial health of big financial institutions and their potential impact on the market. They don't even understand it themselves.
What you have in legacy countries is long-term insolvency.
although babies believe hope money protect reason stand test time value
There is no more reason to believe that Bitcoin will stand the test of time than that governments will protect the value of government-created money, although Bitcoin is newer, and we always look at babies with hope.
government opposition role
While many of Mr. Obama's ideas warrant skepticism, conservative opposition to any expanded role for government is a mistake.
people
I know people who are always freeriders and will never get into a fight.
consistent fee given money structures typical
Given the typical fee structures of hedge funds, they need to do something different to make money in a consistent way.
absolutely dollar
What would a loss of confidence in the dollar actually look like? Gold going absolutely nuts.
levels
Opacity on extreme levels is not addressed anywhere, including Dodd-Frank.