Financial innovation is an oxymoron. It's very rare that there is something that's actually financial innovation. It's a euphemism for hiding leverage. Steve Eisman More Quotes by Steve Eisman More Quotes From Steve Eisman That Wall Street has gone down because of this is justice ... They built a castle to rip people off. Not once in all these years have I come across a person inside a big Wall Street firm who was having a crisis of conscience. Steve Eisman rip wall years The for-profit education industry has proven equal to the task. Steve Eisman profit equal tasks I don't see a recession on the horizon at all. Steve Eisman top-news What value does cryptocurrency actually add? No one's been able to answer that question for me. Steve Eisman value question answer me Deutsche Bank is a problem bank. Steve Eisman bank problem Do your own homework. I can't overstate the importance of this. Steve Eisman your own homework importance Elon Musk is a very, very smart man, but there are a lot of smart people in this world, and you've got to execute. He's got execution problems. Steve Eisman you man people world Nobody is going to invest in the Italian banks unless they trust their balance sheets. Steve Eisman going nobody trust balance I don't see the value in Tesla. Steve Eisman value see tesla The one stock in my portfolio which I say hasn't worked yet but has the potential for a big home run is General Motors. Steve Eisman potential say run home I thought that there would never again be an opportunity to be involved with an industry as socially destructive and morally bankrupt as the subprime mortgage industry. I was wrong. The for-profit education industry has proven equal to the task. Steve Eisman never thought education opportunity Once in a blue moon, an entire industry is a good short. Steve Eisman short good moon blue I'm not short, so I can make a speech and drive the stock down and cover the stock. That's not what I do. Steve Eisman short drive down i-can I'm shorting two stocks in the U.K., but I've got a screen of about 50, and I might short all 50 if I think Jeremy Corbyn is going to be prime minister. Steve Eisman short going think two I know my Trotskyites well, and I know you don't want to be invested in the U.K. if a Trotskyite is prime minister. Steve Eisman well know you want Alan Greenspan is the worst Chairman of the Fed in history. Steve Eisman fed chairman worst history The world needs more standardization, less innovation. Steve Eisman less more innovation world When I started out as an equity analyst, we had no securitization data. We relied on company data. Steve Eisman out equity company data I have no negative stories about Deutsche Bank, period. Steve Eisman period bank about negative Deutsche Bank has a very simple problem. It doesn't make money. Steve Eisman bank money problem simple
