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    Steve Eisman

    American businessman and investor

    Steven Eisman (EYE-smən; born July 8, 1962) is an American businessman and investor known for having shortedcollateralized debt obligations (CDOs), thereby profiting from the collapse of the US housing bubble in 2007–2008.

    Early life, education, and family

    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.

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    His parents 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]

    Career

    FrontPoint Partners

    Eisman rose to fame betting against collateralized debt obligations at Greenwich, Connecticut-based FrontPoint Partners