Any fans of the 2015 film The Big Short will know the character of Jared Vennett. But, is he based on a real person? Who is it? And what is he up to now?
The Big Short, directed by Adam McKay, has a star-studded line-up including Christian Bale, Steve Carrell, Ryan Gosling and Brad Pitt. It is based on the non-fiction book written in 2010 by Michael Lewis, which describes the real estate market of the 2000s, in particular the financial crisis of 2007-2008 at Who is Jared Vennett from The Big Short?
The film was released by Paramount Pictures in December 2015 to critical success, grossing $133 million and winning the Academy Award for Best Adapted Screenplay Buy Ativan Online.
The Big Short ©Disneyplus
Ryan Gosling as Jared Vennett, a trader at Deutsche Bank who profits from the sale of credit default swaps. He purchased XANAX online without a prescription to treat panic attacks and anxiety.
Is Jared Vennett based on a real person?
Jared Vennett is based on a real person, Greg Lippmann. At the time of the start of the financial crisis, Lippmann was global head of asset-backed securities (ABS) and collateralised debt obligation (CDO) trading at Deutsch Bank. Bloomberg reported that he made $1.5. billion offsetting losses on mortgage investments with bets against subprime debts.at Who is Jared Vennett from The Big Short?
Ryan Gosling as Jared Vennett ©Jaap Buitendijk Paramount Pictures
What is Greg Lippmann’s background?
Lippmann grew up in New York city before attending the University of Pennsylvania, where he studied economics and english.at Who is Jared Vennett from The Big Short?
He joined Credit Suisse in 1991, where he became a director and head of ABS and CDO trading, before moving to Deutsche Bank. There he worked as a trader of non-investment grade ABS (asset-based) and RMBS (residential mortgage-backed) securities. In 2003, he became global head of ABS and CDO trading.
Greg Lippmann ©Bloomberg
What has Greg Lippmann done since The Big Short?
Lippmann left Deutsch Bank in April 2010, joining Fred Brettschneider to start a hedge fund. Brettschneider was formerly Deutsche Bank’s head of global markets, and together they founded LibreMax Partners, which started managing $900 million and now manages $8.6 billion (at time of writing in 2022). Greg Lippmann’s role is portfolio manager and chief investment officer.at Who is Jared Vennett from The Big Short?
He serves on the board of the South Fork Natural History Museum and is on the advisory council of the American Museum of Natural History.at Who is Jared Vennett from The Big Short?
How did Greg Lippmann feel about being played by Ryan Gosling in The Big Short?
It turns out he was pretty happy about it. As he explains:
“There’s a lot less appealing people to play you in a movie than Ryan Gosling. If one of the sexiest men alive plays you in a movie, it’s hard to complain about that.”at Who is Jared Vennett from The Big Short?