'Big Short' guru tells whiny bankers to shut up


‘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.


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.


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