History of Steve Eisman in Timeline

Steve Eisman is an American investor notable for predicting and profiting from the 2007-2008 financial crisis by shorting collateralized debt obligations (CDOs). His story was featured in Michael Lewis's book "The Big Short", and subsequently in the film adaptation. He is known for his critical analysis of financial institutions and practices, particularly in the mortgage and housing markets. Eisman continues to be an active investor and commentator on financial matters.

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Full Timeline

July 8, 1962: Steven Eisman's Birth

On July 8, 1962, Steven Eisman was born. He is an American businessman and investor.

Others born on this day/year

1984: Graduation from the University of Pennsylvania

In 1984, Steven Eisman graduated magna cum laude from the University of Pennsylvania.

1989: Marriage to Valerie Feigen

In 1989, Steven Eisman married Valerie Feigen.

2009: Consumer protection regulations strengthened

After the United States Department of Education took action to strengthen a variety of consumer protection regulations in 2009-10, the for-profit industry retaliated by accusing Eisman of attempting to illegally influence the government and calling for an investigation.

2010: Managed over $1 billion for FrontPoint

By 2010, Steven Eisman was managing more than $1 billion for FrontPoint Partners LLC.

2010: Eisman raises concerns about the for-profit education industry

During a presentation at the 2010 Ira Sohn Conference Investment Research Conference, Steven Eisman raised concerns about the for-profit education industry, criticizing companies like Apollo Education Group, Corinthian Colleges, Education Management Corporation, and ITT Educational Services.

2010: Profiled in "The Big Short"

In 2010, Steven Eisman gained prominence after being profiled by Michael Lewis in his book "The Big Short: Inside the Doomsday Machine".

The Big Short: Inside the Doomsday Machine

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2011: Eisman leaves FrontPoint Partners

In 2011, Steven Eisman left FrontPoint Partners amid investor withdrawals following an investigation of illegal insider trading by healthcare portfolio manager Chip Skowron.

March 2012: Eisman founded Emrys Partners

In March 2012, Steven Eisman founded Emrys Partners with $23 million in seed capital.

2013: Emrys Partners performance in 2013

In 2013, Emrys Partners returned 10.8%, underperforming the market.

July 2014: Eisman shut down Emrys Partners

In July 2014, Steven Eisman announced he was shutting down Emrys Partners because "making investment decisions by looking solely at the fundamentals of individual companies is no longer a viable investment philosophy."

September 2014: Eisman joined Neuberger Berman

In September 2014, Steven Eisman joined Neuberger Berman as a managing director and a portfolio manager for the Eisman Group within Neuberger Berman’s Private Asset Management division.

2015: Portrayed in "The Big Short" movie adaptation

In 2015, Steven Eisman was portrayed by Steve Carell (as Mark Baum) in the movie adaptation of Michael Lewis' book, "The Big Short".

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2018: Corinthian and Educational services defunct

By the end of 2018, after government and media investigations had exposed predatory practices including a fraudulent inducement to enroll, both Corinthian and Educational services were defunct, having ceased operations, due to reduced enrollment and ineligibility to continue participating in government backed student loan programs.

2023: Eisman requested name be removed from scholarship

In late 2023, during the Gaza war, Steven Eisman requested that his family name be removed from a scholarship at his alma mater, the University of Pennsylvania, in response to what he described as antisemitic sentiments expressed during pro-Palestinian protests.

September 2024: Eisman was put on indefinite leave from Neuberger Berman

In September 2024, Steven Eisman was put on indefinite leave from Neuberger Berman after a controversial tweet in which he celebrated the destruction of Gaza.

September 2024: Eisman's controversial tweet

On 20 September 2024, Steven Eisman responded to a video on X showing burning tents of displaced Gazans after an Israeli airstrike, which was captioned "Screams of Palestinians being burnt alive. A holocaust is happening before our eyes and the world is silent." Eisman posted, "You must be kidding. We are not silent. We are celebrating."