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Gotta call BS on her...she was one of the first BANK analysts [1] to say on CNBC that banks were effed... when it was pretty obvious to anyone not in a bank or
by RockyMcNuts 13y ago
Gotta call BS on her...she was one of the first BANK analysts [1] to say on CNBC that banks were effed... when it was pretty obvious to anyone not in a bank or not on cheerleading CNBC.
Then she said munis were effed... went on 60 Minutes and scared a lot of people into losing a lot of money since there have been few defaults, bonds have performed well, and taxes have gone up.
A genius is someone who makes the right call in the right media at the right time.
http://www.bloomberg.com/news/2013-06-03/meredith-whitney-offers-barrage-of-numbers-errors-books.html http://www.bloomberg.com/news/2013-06-03/meredith-whitney-of...
http://blogs.reuters.com/muniland/2013/06/04/meredith-whitneys-great-migration/ http://blogs.reuters.com/muniland/2013/06/04/meredith-whitne...
[1] and not even the first - Ivy Zelman made a great case and got herself fired from Credit Suisse in 2007
http://www.calculatedriskblog.com/2007/06/ivy-zelman-departs-credit-suisse.html http://www.calculatedriskblog.com/2007/06/ivy-zelman-departs...