Paul Greenwood (money manager)
Paul Greenwood (born 1947) is a money manager accused of securities fraud with business partner Stephen Walsh and was arrested with Walsh on February 24, 2009. The total fraud is estimated at between $550 million and $670 million.
The University of Pittsburgh, Carnegie Mellon University, Wells Fargo Bank, the Sacramento County Employees Retirement System, and the Kern County Employees Retirement Fund are reported to have lost millions due to Greenwood, Walsh, and their companies such as Westridge Capital Management Inc. and WG Trading Company.
Greenwood and Walsh were previously investors in the New York Islanders hockey team.
- Zachery Kouwe, "Two Money Managers Held in New Wall Street Fraud", New York Times (February 25, 2009)
- Note: Zachery Kouwe resigned from the Times over plagiarism accusations in Feb. 2010. 2010-02-27.
- Rick Schapiro, "Greenfield and Walsh Ran Islanders Right Into the Deep Freeze", New York Daily News (February 26, 2009)
- Andrew S. Ross, "Another Pension Fund Hit", San Francisco Chronicle (March 4, 2009)