JimBowie1958
Old Fogey
- Sep 25, 2011
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Eisman is one of the very few who called the 2008 SubPrime Collapse. He was characterized by the Steve Carell in the movie 'The Big Short'.
If HE says the financial industry is solid, I believe him.
Steve Eisman, who called the 'Big Short' during last financial crisis, says he's sleeping easy now
If HE says the financial industry is solid, I believe him.
Steve Eisman, who called the 'Big Short' during last financial crisis, says he's sleeping easy now
Neuberger Berman portfolio manager Steve Eisman is bullish on bank stocks.
The financial "industry is so well-capitalized today that I don't see any problems emerging for a very long time ... I sleep very well. I just don't see any systemic risk on the horizon," Eisman said Friday on CNBC's "Closing Bell." "My top pick is Citigroup."
The investor added that Citigroup's executive team is "managing the company properly, and I think over time it has the most potential upside."
He said the financial sector is now well-capitalized with "clean" balance sheets and heavily regulated.
The financial "industry is so well-capitalized today that I don't see any problems emerging for a very long time ... I sleep very well. I just don't see any systemic risk on the horizon," Eisman said Friday on CNBC's "Closing Bell." "My top pick is Citigroup."
The investor added that Citigroup's executive team is "managing the company properly, and I think over time it has the most potential upside."
He said the financial sector is now well-capitalized with "clean" balance sheets and heavily regulated.