Meredith Whitney Getting Trashed Eight Ways To Sunday For Terrifying Muni Default Call
" Here's That 60 Minutes Segment On The States' "Day Of Reckoning"
You can download the full report here (.pdf).
Meredith Whitney continues to get thumped by everyone under the sun for predicting on 60 Minutes that 50-100 American cities will go bust next year, triggering the next leg down in the financial crisis.
Biography of Meredith Whitney
Meredith Whitney is a financial analyst, who appears on the CNBC, Fox Business and Bloomberg news channels. She was educated from Brown University and she has worked with Oppenheimer & Co. She has now launched her own company, Meredith Whitney Advisory Group LLC. Her father is Richard Whitney, a venture capitalist, who also worked in Richard Nixon's Department of Commerce. She was married to the former WWE wrestler, John Layfield, on February 13, 2005, in Key West, Florida. Layfield also works in the financial analysis field, just like his wife.
Whitney's competitors, for example, are outraged (in part, no doubt, because she was on 60 Minutes, not them).
Journalists and research firms are scrambling to refute her.Towns and cities are furious.Muni bond holders want blood.....And so on.Which means that Meredith Whitney has done it again.
Great Wall Street analysts make big, bold calls that make people think. And, right now, Meredith Whitney is the best in the business at that.