Trader aimed to profit from Lehman's demise, e-mails show

03/31/2013 | Wall Street Journal, The

E-mails indicate that Greg Lippmann, the former Deutsche Bank trader who made more than $1 billion for the bank when he bet against subprime loans, weighed scooping up Lehman Brothers' derivatives after the investment firm collapsed in September 2008. Lippmann was interested in Lehman Brothers Specialty Finance credit default swaps.

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Wall Street Journal, The

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