In the summer of 2010, Sloan and CREW were highly critical of famed short-seller Steve Eisman, writing letters to the congressional subcommittee, denouncing the fact that he had an adverse financial interest.
After offering testimony to Senate Health, Education and Labor Committee on problems with for-profit higher education, Eisman was strongly criticized by progressive groups such as Citizens for Responsibility and Ethics in Washington on the grounds that he stood to profit from proposed regulations due to his short positions against private colleges.
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