'Big Short' guru tells whiny bankers to shut up

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‘Big Short’ guru tells whiny bankers to shut up

‘Big Short’ guru tells whiny bankers to shut up

“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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