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Housing Bubble Hall of Shame®

Who is responsible for the Housing Bubble? Policy makers, press, investors, wallstreet, mortgage lenders, builders, realtors, appraisers, buyers, flippers, sellers, … ? They all had a hand in it, but lets pay tribute to some of the more notable or public displays of bubble mania. *All inductees are innocent of a crime until proven guilty […]

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Greg Lippmann Famous 2007 Short Subprime Presentation [PDF]

May 5, 2015 at 10:47 am by Guest Post Via scmessina  Famous Greg Lippmann Deutsche Bank presentation sent to hedge funds arguing for the bet against subprime, mentioned in  The Big Short: Inside the Doomsday Machine: The flipbook the FCIC interview mentions several times:”FCIC: It strikes me that the title of the flipbook is shorting home equity mezzanine tranches and […]

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Greg “The Big Short” Lippmann Says Corporates Will Cause The Next Crisis

by Tyler DurdenWed, 05/02/2018 – 10:021SHARESTwitterFacebookRedditEmailPrint Former Deutsche Bank trader Greg Lippmann is best known for having worn t-shirts with the logo “I am short your house” just before the financial crisis hit, and the US housing market imploded (making Lippmann very rich in the process). Logically, he is also very well-known for designing the trade against […]

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Emails Show How Greg Lippmann Built Deutsche Bank’s $5 Billion Subprime Short: “Duping CDO Fools”

Courtney Comstock Apr. 14, 2011, 10:05 AM The Senate Committee assigned to report on the causes of the financial crisis used then-trader Greg Lippmann’s emails in their 650-page report as an example of the view within Deutsche Bank that the subprime market was collapsing. The report was released today. Click here to download it. The committee is […]