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Saturday, July 28, 2018

Eisman Places a Bet on Turkish Contagion to European Lenders - Bloomberg

Eisman Places a Bet on Turkish Contagion to European Lenders
By Karoliina Liimatainen
and Benjamin Harvey
July 27, 2018, 2:30 PM GMT+2

Steve Eisman, who predicted the collapse of subprime mortgages before the 2008 financial crisis, is betting that Turkey’s economic troubles will also be a drag on two major European banks, Spain’s Banco Bilbao Vizcaya Argentaria SA and Italy’s UniCredit SpA.

More:Eisman Places a Bet on Turkish Contagion to European Lenders - Bloomberg