J. Paul Reddam
| J. Paul Reddam | |
|---|---|
| Born |
John Paul Reddam July 28, 1955 Windsor, Ontario, Canada |
| Residence | Sunset Beach, California, United States |
| Nationality | Canadian |
| Alma mater |
University of Windsor (B.A.) University of Toronto (M.A.) University of Southern California (Ph.D.) |
| Occupation | Businessman |
| Spouse(s) | Zillah |
John Paul Reddam B.A. M.A. Ph.D. (born July 28, 1955) is a Canadian businessman, Thoroughbred racehorse owner and a former professor of philosophy at California State University, Los Angeles.
Known by his middle name, J. Paul Reddam was born in Windsor, Ontario, Canada, and graduated from the University of Windsor with a bachelor's degree in psychology. He then obtained a master's degree in philosophy from the University of Toronto. In 1979, he moved to California to earn his Ph.D. at the University of Southern California and made his home in the state. Reddam wrote his Ph.D. disseration, entitled "Pragmatics and the Language of Belief," in 1982, focusing on "pragmatic theories of belief ascription."
In 1995, he established a mortgage lending company, Ditech, and sold the business to General Motors in 1999.The New York Times reported that Governor of California Jerry Brown characterized Reddam's company's debt collection methods as loan sharking.
He now owns CashCall, Inc., another firm specializing in small loans at very high interest rates.
As a young man, Reddam became interested in the harness races held at Windsor Raceway that eventually led to his involvement as an owner while working as a university professor in Los Angeles. He used to have Standardbred horses competing at Windsor Raceway (has since closed down) and at Cal Expo in Sacramento, California. In 1988 he acquired his first Thoroughbred and has expanded his involvement to a current forty-horse racing stable plus twenty broodmares for his own breeding operations through arrangements with breeding farms in California and Kentucky.
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