MEREDITH WHITNEY INTERVIEW
13 July 2009 by Cullen Roche
3 Comments
The interview everyone is talking about today. She appears bullish in the near-term and bearish in the long-term:
Disclosures - Unless otherwise noted, authors have no positions in any securities mentioned and readers should never consider this to be investment advice. Always consult your financial advisor before acting on any ideas.
Comments Guideline - Readers who denigrate authors or other readers will be banned without warning. This site does not tolerate any sort of reader abuse. The goal of this site is to create an environment that is conducive to learning and better understanding of the monetary system and the investment world. We expect readers to behave maturely and responsibly. We welcome and encourage intense and intelligent discourse, but the site adheres to a strict 1 strike policy. While it is your right to speak freely, it is not your right to behave childishly. Above all else, please enjoy the site. It is intended to be used as an educational tool and we hope the intelligent and mature debate will further that purpose. We hope readers will make an effort to respect that goal. Comments with excessive linking or foul language will be moderated before posting.
Comments
Four months ago, this would’ve bee impressive. GS has – what? – doubled since March, when Whitney was still a major bear. How long will it take to double from here?
She missed the call. Nobody should be talking about this, except to say that. What jibberish.
Funny how no one is talking about that Joe. She waits until the stock rallies 200% to upgrade it. She seems like a very good analyst, but this is a disappointingly horrible upgrade and so typical for the analyst community. In terms or investing or trading, this upgrade helps no one. Of course, if you’re like me, this surge in banks is likely short lived.
She highlights one of many existing government programs the market already discounted and boom!, they squeezed the shorts –again!
Is there yet another one to come along & do it again in a week or two? Or are they really done this time?