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Steve Eisman Timeline & Summary

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Steve Eisman Timeline & Summary

  • Steve Eisman opens an investment fund called FrontPoint Partners.
  • Eisman receives a pitch from Greg Lippmann, who convinces him to buy credit default swaps on subprime mortgage bonds.
  • Eisman and his team go to Vegas, where they learn more about the horrors of the subprime mortgage market.
  • Eisman sells his credit default swaps in 2008, making himself a boatload of money.