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  Short-Seller Recruits in Homeless Shelters Short-selling hedge fund manager Steven Eisman's campaign against for-profit educational institutions has been the topic of earlier coverage here, here, and here. Now ProPublica, a non-profit news organization that has been critical of the for-profit colleges, turns against Mr. Eisman with a terrific story disclosing that a researcher for a short-selling fund (it's not clear if it is Mr. Eisman's) rounded up 20 homeless shelter managers to sign a letter the researcher had drafted to the federal secretary of Education complaining that "for-profit trade schools and career colleges are systematically preying upon our clients." Some of the homeless-shelter managers say they didn't know that the woman who drafted and circulated the letter was working for a financial firm that had a stake in the outcome. Short-Seller Recruits in Homeless Shelters Short-selling hedge fund manager Steven Eisman's campaign against for-profit educational institutions has been the topic of earlier coverage here, here, and here. Now ProPublica, a non-profit news organization that has been critical of the for-profit colleges, turns against Mr. Eisman with a terrific story disclosing that a researcher for a short-selling fund (it's not clear if it is Mr. Eisman's) rounded up 20 homeless shelter managers to sign a letter the researcher had drafted to the federal secretary of Education complaining that "for-profit trade schools and career colleges are systematically preying upon our clients." Some of the homeless-shelter managers say they didn't know that the woman who drafted and circulated the letter was working for a financial firm that had a stake in the outcome.
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