Mark Baum’s character is inspired by a real-life figure, Steve Eisman, who preferred a name change for the movie. Eisman, once at FrontPoint Partners LLC, oversaw over $1 billion. Situated in Greenwich, Connecticut, FrontPoint Partners made lucrative bets against subprime mortgages during the 2007-2008 financial crisis.
Related Post: Who Is Jared Vennett From The Big Short?
What is Steve Eisman’s Background?
Eisman is a New York native who studied at the University of Pennsylvania, earning a BA, before heading to Harvard Law School.
Before his current role, Eisman worked as a managing director and senior financial services analyst at Chilton Investment Co. Later, he transitioned to Oppenheimer & Co., where he analyzed financial services across various divisions.
Source: CNBC
What has Steve Eisman Done Since The Big Short?
After departing FrontPoint Partners in 2011, Eisman started Emrys Partners in 2012 with $23 million. Unfortunately, the fund didn’t thrive, leading to its closure in 2014.
Later on, he became a managing director and senior portfolio manager at Neuberger Berman, leading the Eisman Group in the Private Asset Management division.
Related Post: Who Is Michael Burry From The Big Short?
How Accurate is Steve Carrell’s Portrayal of Steve Eisman in The Big Short?
How much does Steve Carell’s Mark Baum resemble Steve Eisman in the movie?
In the movie, one trait depicted is his rudeness. Eisman’s wife, Valerie Feigen (portrayed as Cynthia by Marisa Tomei), commented on her husband:
“People on Wall Street find him rude, obnoxious, and aggressive.”
In The Big Short the following exchange takes place:
Mark Baum (on the phone): Alright, go back in there and calmly but firmly tell those risk-assessors to f**k off.
Vinny Daniel (entering): Guys, Mark Baum’s message is simple: “f**k off.”