Shallow? He was also an effing manipulator when he ran his hedge fund and the SEC never did jack about it. He would whisper stories to Maria. He is a con artist.
The SEC alleged that John A. Paulson, founder and chairman of the hedge fund Paulson & Co. participated in a scheme in which Goldman sold subprime residential mortgage-backed securities to investors, such as foreign banks and pension funds, that were expected to lose value.
Paulson & Co. bet heavily against the value of the fund, named Abacus 2007-AC1, which included mortgage bonds it viewed as overvalued, earning millions at the expense of Goldman clients who invested in it.