Hedge fund of investor who inspired The Big Short takes position on Barclays

Neuberger Berman bet worth 348,000 adds to positions against Lloyds and RBS The American hedge fund of the investor depicted in the Oscar-winning Hollywood film collapse of thea book by Michael Lewis, won an Academy award for best adapted screenplay. Eisman moved to New York-headquartered Neuberger Berman, which spun out of Lehman Brothers, in 2014 after reportedly helping FrontPoint, a subsidiary of Morgan Stanley, to double its assets to $1.5bn during the crash. Neuberger Bermans bet against Barclays adds to positions against Lloyds Banking Group and Royal Bank of Scotland, worth $446,000 and $529,000 respectively, which the hedge fund previously disclosed. Short-selling involves borrowing shares in a company and selling them with the expectation of buying them back at a …

Brexit and the week that all but broke British politics

Theresa Mays effort to agree a Brexit deal began with deadlock and ended with the collapse of discipline in her own party It is Thursday afternoon and 20-year-old art student Sonya Woodruff has taken time off from her studies to make a point about Brexit outside parliament. She is standing quietly against the black railings as the rain comes down, holding a purple sign which reads: No one voted for this Brexit mess. Inside the Commons, MPs are preparing for a third consecutive night of voting on Brexit as they try to break the interminable deadlock. They have already, in the previous two days, taken two big decisions which seem to some of the protesters outside rather contradictory. On Tuesday …

Possessed by Brexit? Time to call an exorcist | Stewart Lee

The devil will take on any shape to get into your head how else to explain our worst political nightmares? A newly discovered birth relative of mine, a Catholic priest, is an exorcist, from County Cork. The Exorcist came to stay on Wednesday. The next evening he was doing what he called a fairly straightforward overnight identify, isolate, subdue and expel job in Angel. He wasnt allowed to talk about it, and knows Im an atheist, so avoids putting us in situations where wed argue. The Exorcist displays a natural diplomacy my Brexit-voting relatives could learn from. But with his boisterous sense of humour, four pints nightly Guinness habit, and lifelong addiction to Viz comic, my Exorcist cousin isnt anyones …