02/19/2012 12:16 pm ET

Trader Betting On Securities He Made A Fortune Betting Against During Crisis

Some Wall Street investors made money as the mortgage market boomed; others profited when it fell apart.

Having reaped big gains during both of those turns, Greg Lippmann, a former star trader at Deutsche Bank, is now catching the next upswing: buying the same securities built from mortgages that he bet against before the financial crisis erupted.

Read more on The New York Times