Eisinger moved to New York in 2002 to write for The Wall Street Journal. His first column was called "Ahead of the Tape". After two years, he started writing a new financial column called “Long and Short”.[10]
Eisinger argued that Goldman Sachs, Morgan Stanley, Lehman Brothers, Merrill Lynch, and Bear Stearns were similar to low-credit borrowers who took on riskier mortgages than they could really afford, thus likely to default, or in the case of the investment banks, especially Bear Stearns, likely to be acquired up by another or just go out of business.[11][12]
"There is an end of the era feel to the whole thing...After all those years of investment bankers being mistakenly lambasted as rogues, it will be ironic if the moment Wall Street finally embraced its reputation became its undoing."[11][13] - Jesse Eisinger, November 2007, Conde Nast Portfolio
In 2009, Eisinger was hired as a senior reporter by ProPublica, the nonprofit investigative newsroom.[10]
Pulitzer Prize
In 2009, Eisinger began work on a series of stories, The Wall Street Money Machine,[14] "that documented the lead up to the 2008 financial crisis",[15] revealing how Wall Street's morally questionable practices had led to the worst financial crisis since the Great Depression.[16]
Co-authored with Krista Kjellman Schmidt, and Jake Bernstein, and authored by Cora Currier, and Paul Steiger, the 2010-2014 5-year, 61-story series[14] was awarded the Pulitzer Prize for National Reporting in 2011.[17] It was the first Pulitzer Prize awarded to a group of stories published in a digital-only format.[16]
↑Kwak, James. "Getting Away With It". Retrieved 4 August 2025. THE CHICKENSHIT CLUB Why the Justice Department Fails to Prosecute Executives By Jesse Eisinger 377 pp. Simon & Schuster. $28.{{cite news}}: CS1 maint: deprecated archival service (link)
123Kantrow, Yvette (26 October 2007). "Apocalypto". HuffPost Contributor platform. Retrieved 4 August 2025. Yvette Kantrow is executive editor of The Deal
↑Roush, Chris (2015). "Why the media got it right". In Schifferes, Steven; Roberts, Richard (eds.). The media and financial crisis(PDF). London: Routledge. p.25. Archived from the original(PDF) on 3 January 2024. Retrieved 4 August 2025.
↑Solomon, Sam (4 March 2025). "Eisinger warns of attacks on journalism in GSB event". The Stanford Daily. Retrieved 4 August 2025. Eisinger spoke with Hendrick Townley MBA '25 at 'Press Under Pressure: Compliance and the Cost of Truth', a discussion co-hosted by the Graduate School of Business' Corporation and Society Initiative (CASI).