BOSTON (MarketWatch) — You’ve already heard about “the greatest trade ever” – hedge fund manager John Paulson’s giant score betting against subprime mortgage bonds.

But no one’s told you about the dumbest trade ever.

Sure, there are plenty of contenders.

But this one is a doozy.

Related Posts:

• WSJ: Goldman Is Charged With Subprime Fraud
• Federal Reserve Bank of Cleveland: Ten Myths about Subprime Mortgages
• China in Midst of Greatest Bubble in History, Rickards Says
• WSJ on foreclosures: Zero money down, not subprime loans, led to the mortgage meltdown.
• Don’t change longstanding rules, trade group tells Supreme Court

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