Steve Eisman, a manager at Morgan Stanley's $7 billion FrontPoint Partners whose savvy subprime bets have been immortalized in Michael Lewis' new book, "The Big Short: Inside the Doomsday Machine," has sold his apartment at 1125 Park Avenue for $4.3 million to Peter Halloran, chief executive of Pharos Financial Group, a Moscow hedge fund.
Eisman took a bath when selling another apartment in the same building that he'd bought in 1998 for $6.99 million and sold for $5.2 million last August, according to the New York Observer, which reported Eisman's latest sale. If there's any karma, Eisman may have made some back when he bought a penthouse duplex across the street for $7.4 million. It had been marked down from $11.5 million.
—Robert Murray