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Hedge Fund Manager Paulson Objecting To Neighbor's House

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Mark Melin
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Hedge fund billionaire John Paulson is objecting to a smaller house being built in his Southampton neighborhood.

Hedge Fund Manager Paulson Objecting To Neighbor's House

New house would imperil that “peace and tranquility”

According to a report in FINalternatives, Paulson, who owns a 15,000 square foot house on Hill Street, is protesting with 85 neighbors, many of whom are more vocal than Paulson.  He was quoted as saying the new home is a "threat to our character" and imperils that "peace and tranquility that makes our village what it is."

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Other residents of the tony beach community...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.