What's your opinion on Steve Eisman?

[Guest]

I'm going through the Big Short right now, and I think it's the first I've really heard of the guy. From what I can tell, his fund is up about 13% annually since 2004 (helped by subprime bets). I'm sure some of you guys know a ton about him. What do you guys think of him?

[gfp]

He cracked me up on the Genworth conference call last year.

 

some info on that here:

http://www.businessinsider.com/steve-eisman-genworth-conference-call-recording-2010-10

 

As you probably know, he was a very public critic of the financing practices surrounding the for-profit education sector.  He likely made a decent return on his short of the equities in that sector.

 

He was a colleague / mentor of both Meredith Whitney and Alice Schroeder at Oppenheimer.