Greg Lippmann - who helped save Deutsche Bank's bacon during the financial crisis by shorting...

|About: Deutsche Bank AG (DB)|By:, SA News Editor

Greg Lippmann - who helped save Deutsche Bank's bacon during the financial crisis by shorting subprime debt - now running his own money, tells his investors only principal reductions can end the housing slump. Lippmann believes such a move can be a win-win, easing burdens for homeowners as well as lowering the losses on MBS in which their loans reside.