Steven Eisman (/ˈaɪsmən/; 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.
Early life, education, and family[edit]
Eisman grew up in New York City, where he attended Yeshiva schools. He attended the University of Pennsylvania, graduating magna cum laude in 1984. [1] He then graduated from Harvard Law School with honors. His parents also worked in finance. They were brokers for Oppenheimer. Eisman was unhappy with his work in law. His parents arranged a position for him at Oppenheimer working as an equity analyst. Oppenheimer's anti-nepotism rules required his parents to pay the first year of his salary.[2][3]
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