2024-09-21 22:33:40
Steve Eisman, the man who became famous by betting on the collapse of the US housing market and making a huge profit from that great shorting, has been effectively put on… holiday by his employer.
Neuberger Berman has announced that it will take an ‘indefinite’ leave of absence, following a post on Gaza Strip, which triggered a wave of reactions. Eisman posted on his X account a video of burning buildings following an Israeli raid on Gaza.
The video was accompanied by comments about the lack of international concern and outcry over what is happening in the Palestinian enclave, with the user pointing out “Cries of Palestinians being burned alive by Israel. A holocaust before our eyes. The world is silent.”
In response to this comment Eisman wrote: “Are you kidding me? We are not silent. We celebrate.” His celebrations of the ongoing humanitarian tragedy in Gaza following the Hamas terror attack and Israel’s response, with more than 40,000 dead, sparked a backlash.
Who is Iceman?
Eisman apologized for his post, claiming that “celebrating” was referring to Israel’s attack on Lebanon’s Hezbollah, not Gaza. In fact, he deleted not only the post in question, but his entire account. But this was not considered enough.
Recall that he has been the general manager of Neuberger Berman since 2014. He became a key character in Michael Lewis’ book The Big Short and in the 2016 film of the same name, he was played on the big screen by Steve Carell.