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Steve Eisman served as a fund manager for FrontPoint Partners from 2004 until 2011. [6] [7] In October 2010, it was announced that Morgan Stanley, while maintaining a minority position, had handed control back to the managers of the firm. [3] In November 2010, the firm was managing $7 billion. [4]
Steven Eisman (/ ˈ aɪ s m ə n / EYE-smən; born July 8, 1962) is an American businessman and investor known for having shorted collateralized debt obligations (CDOs), thereby profiting from the collapse of the US housing bubble in 2007–2008.
The coming years could be “massive” for this industry.
Wall Street veteran Steve Eisman of “The Big Short” fame notoriously called the cratering of the sub-prime mortgage market a decade ago, but he fails to see the point of cryptocurrencies.
Federal Reserve Chairman Jerome Powell has avoided announcing interest rate cuts in recent months despite a steady drop in U.S. inflation, and Steve Eisman, a senior portfolio manager at Neuberger ...
The book follows people who believed the housing bubble was going to burst—including Meredith Whitney, who predicted the demise of Citigroup and Bear Stearns; Steve Eisman, an outspoken hedge fund manager; Greg Lippmann, a Deutsche Bank trader; Eugene Xu, a quantitative analyst who created the first CDO market by matching buyers and sellers ...
Jan.22 -- Steve Eisman, portfolio manager at Neuberger Berman Group, explains his short of auto lender Credit Acceptance Corp. on "Bloomberg Surveillance."
FrontPoint, along with Collins and his colleagues including Steve Eisman, were the subject of Michael Lewis's book The Big Short due to the fund having correctly predicted the market crash in 2008. [2] [3] He was portrayed by Hamish Linklater in the film The Big Short, which was based on Lewis's book. [4]