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MEREDITH WHITNEY: DAY OF RECKONING IS COMING

10 September 2009 by TPC 2 Comments

Interesting thoughts here from Meredith Whitney.  She says the fundamentals of the economy and the banking sector haven’t changed in the last 12 months.  She is sounding far less optimistic than when she upgraded Goldman just a few months ago:

Part 1:

Part 2:


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2 Comments »

  • silly things said:

    Did she present any new observations that the market didn’t know for months?

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    # 10 September 2009 at 10:40 AM
  • TPC (author) said:

    Is the market pricing in her forecast or something drastically different?

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    # 10 September 2009 at 11:22 AM