Neuberger Berman executive on leave of absence

21/9/2024 11:54

        Hedge fund manager Steven Eisman, known for a big winning bet against the U.S. housing market dramatized in the movie "The Big Short," was put on leave by his firm on Friday after he said on social media he was celebrating devastation in the Gaza Strip.
        
        His firm, Neuberger Berman, said Eisman did not speak on its behalf and called his actions "objectionable." More than 41,000 Palestinians have been killed in Israel's nearly year-old war in the enclave, the Gaza health ministry has said.
        
        An X user posted that the world was silent about war-ravaged Gaza. Eisman responded: "You must be kidding. We are not silent. We are celebrating." His account has since been deleted.
        
        In comments cited by media reports, he apologized for his remarks and said he had intended to refer to Israel's attacks on the Hezbollah militant group in Lebanon.