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FrontPoint Manager To Exit

Steve Eisman is planning to leave investment firm, FrontPoint Partners.

Steve Eisman is planning to leave investment firm, FrontPoint Partners, TheWall Street Journal reports. The hedge-fund manager has also spoken with potential investors about managing money for them.

Eisman currently manages around $1.3 billion at the Morgan Stanley subsidiary. He has overseen FrontPoint’s wagers on financial-services companies, including a bet against subprime mortgages.

Click here for the story from The Wall Street Journal.

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