Greg Lippman Has Named His New Hedge Fund


The sideburned — and, we now see from this lurid, full-color photo of him in this morning's Journalhazel-eyed Deutsche Bank CDO manufacturer and cocky mind behind the infamous "I'm Short Your House" T-shirt has bequeathed a name unto his spanking-new hedge fund:

The Libre Max name is meant to suggest "open ideas" relating to investment opportunities, a person familiar with the matter said. "Libre" also incorporates the first two letters of Mr. Lippmann's name as well as Fred Brettschneider's, who has been Deutsche's head of global markets for the Americas but is joining him. "Max" incorporates the last names of the other two founders.

Also, "Max" means "the Greatest" in Latin, but we're sure that's just a coincidence.

Hotshot Traders Leave Wall Street [WSJ]