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Response to Whiskeytide (Reply #15)

Thu Dec 24, 2015, 08:35 PM

16. Yup! Here is how Lewis tells it.

Danny and Vinny looked at them through the hibachi steam. As far as they could tell, Eisman and Wing Chau were getting along famously. But when the meal was over, they watched Eisman grab Gregg Lippmann, point to Wing Chau, and say, "Whatever that guy is buying, I want to short it." Lippmann took it as a joke, but Eisman was completely serious: He wanted to place a bet specifically against Wing Chau. "Greg," Eisman said, "I want to short his paper. Sight unseen." Thus far Eisman had bought only credit default swaps on subprime mortgage bonds; from now on, he figured, he'd buy specifically credit default swaps on Wing Chau's CDOs. "He finally met the enemy, face-to-face," said Vinny.

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Arrow 24 replies Author Time Post
shadowmayor Dec 2015 OP
cwydro Dec 2015 #1
rhett o rick Jan 2016 #24
Gothmog Dec 2015 #2
still_one Dec 2015 #3
shadowmayor Dec 2015 #5
still_one Dec 2015 #17
lame54 Dec 2015 #8
Brother Buzz Dec 2015 #4
Proserpina Dec 2015 #6
longship Dec 2015 #12
longship Dec 2015 #13
Whiskeytide Dec 2015 #15
LineLineLineLineNew Reply Yup! Here is how Lewis tells it.
longship Dec 2015 #16
MinM Dec 2015 #22
MinM Jan 2016 #23
NastyRiffraff Dec 2015 #7
pansypoo53219 Dec 2015 #11
longship Dec 2015 #9
Proserpina Dec 2015 #20
longship Dec 2015 #10
colsohlibgal Dec 2015 #14
miyazaki Dec 2015 #18
shadowmayor Dec 2015 #19
miyazaki Dec 2015 #21
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