“Do I think it’s fair? Tough shit,” said Eisman, now a managing director at Neuberger Berman.
Reuters-
Steve Eisman, the maverick investor whose exploits in the subprime housing market were at the center of “The Big Short”, says bankers should stop griping about regulation.
Eisman made a name (and fortune) for himself by accurately predicting the housing crash, and was played by Steve Carell in the film of Michael Lewis’s 2010 book.
Speaking at a Miami conference of the securitization industry – whose excesses were blamed for much of the crash – he said bankers now should not be whining about tougher new rules.
[REUTERS]
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