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NEW YORK Fortune -- As head of the global structured finance syndicate at Lehman Brothers he was promoted to a different job in , Kevin White created the kind of collateralized debt securities that fueled the financial bubble -- and still bedevil many bank balance sheets. Now White runs a firm that's doing a nice business in cleaning up the mess: Spring Hill Capital Partners specializes in buying, selling, deconstructing, and investing in structured finance products. But we made a lot of these products, and we're skilled at taking them apart, valuing them, and in some cases restructuring them. White -- who sees Spring Hill as embodying the best traditions of investment banking, acting as an adviser and broker rather than taking big risks like a hedge fund -- wasted no time in setting up shop.
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