Steven Eisman is an American businessman and investor During a speech entitled “Subprime Goes to College” during the Ira Sohn Conference in May Eisman attacked companies. In a speech titled “Subprime Goes to College,” delivered Wednesday at the Ira Sohn Investment Research Conference, Eisman blasted the. One of those managers was Steven Eisman of FrontPoint Partners Steven Eisman & FrontPoint Partners entitled, ‘Subprime Goes to College’.

Author: Mooguk Vudonos
Country: Chile
Language: English (Spanish)
Genre: Relationship
Published (Last): 26 October 2006
Pages: 228
PDF File Size: 2.79 Mb
ePub File Size: 19.37 Mb
ISBN: 511-5-34316-833-7
Downloads: 45531
Price: Free* [*Free Regsitration Required]
Uploader: Voktilar

So what is the government going to do? He subprome busy making speeches that every American should take out an ARM mortgage loan. A student prepares for an online quiz at home for the Universtity of Phoenix. The University of Phoenix Enrollment………………………. The allegations stem from a meeting that Eisman had with Department of Education officials David Bergeron and Robert Shireman, two weeks before delivering his speech at the Ira Sohn Conference.

Steve Eisman – Wikipedia

Additionally, there are also numerous high profile detractors such as Jim Chanos who gave a negative presentation on for-profit education at last year’s conference. The industry has gotten hysterical over this rule because it knows that to comply, it will probably have to reduce tuition. Investment Ideas Oges H View author archive Get author RSS feed. Inside the Doomsday Machine”.


Steve Eisman’s Epic Takedown of the For-Profit Education Industry

Hospitals refuse to even interview graduates. Inside the Doomsday Machine. And now, Eisman has joined the mix with his negative view too.

There has been a revolving door between the people who work for this industry and the halls of government. Stocks That Matter Most t In other words, she was directly in charge of regulating the industry she had previously lobbied for.

Subprime goes to college

He attended the University of Pennsylvaniagraduating magna cum laude in The New York Times. After a discussion period, the rules will be issued in November and go into effect summer Who could you complain to?

The group, run by partners including Steve’s parents, Elliott and Lillian Eisman, manages portfolios of stocks for wealthy clients. He has been married to Valerie Feigen since They also go after GI Bill money and collwge have separate teams set up to specifically target military students.

Posted by market folly at Washington clamping down on the industry and a rise in employment generating a decline in enrollment. Bridgepoint took that school online and at the end of it had 54, students. Inshe was the head lobbyist for the Apollo Group — the company behind the University of Phoenix and eismann largest for-profit educator.


Trending Now on NYPost. Use this information at your own risk. If a person has money available for school Ashford finds a way to go after them.

How do such schools stay in business? Eisman grew up in New York City, where he attended Yeshiva schools. And here is where the subprime analogy becomes very clear. If nothing is done, then we are on the cusp of a new social disaster.

This ho force universities to lower their tuition, or face declining enrollment because fewer students could afford school.

Post was not sent – check your email addresses! That said, we’ve also noted that some of these managers have had a recent change of heart. The inmates run the asylum.