ZH and FT
'Big Short' Steve Eisman On Leave Of Absence From Investment Firm After Now Deleted Gaza Tweet
FRIDAY, SEP 20, 2024 - 03:40 PM
Neuberger Berman senior portfolio manager Steve Eisman of "Big Short" fame sparked immense online controversy Thursday when he posted a message on X 'celebrating' the deaths of Palestinians in Gaza.
The firm quickly issued a clarifying statement by the next day, calling the remarks 'irresponsible and objectionable'.
"Mr. Eisman’s personal comments on social media are his alone, and he does not speak for Neuberger Berman," it said.
"Even though Mr. Eisman has acknowledged that he mistook the content of the post he responded to, his actions on social media were irresponsible and objectionable."
He soon after deleted his entire account over the offending tweet, which is screenshotted as follows:
The now deleted tweet quickly sparked outrage, with one journalist and author commenting prior to Eisman deleting his account, "This is a top manager at an investment fund... No consequences, complete impunity because it is society-wide."
The tweet was inflammatory enough to get picked up by FT and other major financial news outlets, given the implications for Neuberger Berman, which manages some $481 billion:
His comments on his X account, which included the Neuberger Berman logo, responded to a graphic post showing burning buildings, with people shouting in agony, apparently as a result of an Israeli attack. The video was posted with comments about the lack of international concern over such incidents and said: “The world is silent.”
By Friday afternoon Eisman has been placed on a leave of absence from the investment firm. "
https://www.zerohedge.com/markets/big-short-steve-eisman-leave-absence-investment-firm-after-now-deleted-gaza-tweet
