AKA Mark Baum6 Nov 2018 05:13
Mr Eisman, whose farsighted bets against the US housing market ahead of the financial crisis featured in the Hollywood film, believes any deal agreed between the Government and EU will eventually run aground in Parliament. Banks exposed to the British economy would be among the hardest hit by an economic downturn in a no-deal Brexit.
Speaking at a conference in Dubai, Mr Eisman reportedly refused to reveal which lenders he has shorted but traders speculated that Metro Bank and CYBG – the two most shorted banks in the FTSE 350 – could be his targets. He also suggested he has drawn up a list of 50 other UK companies to bet against if Jeremy Corbyn becomes prime minister.
Lets hope he's not going after Lloyds. Asides betting on the 2008 Financial crash, he's been spot on regarding the Italian banks.