Monday, July 8, 2013

It took a few years, but Meredith Whitney is now seen as what she really is: another Wall Streeter who's not all that bright

I sat with her on panels at Fox News for years when she was a contributor. I was amazed when she became so super famous. Did the media really know anything about this woman? They turned her into an international finance star and she knows nothing. N-O-T-H-I-N-G. Her clients have apparently been finding this out. Even John Paulson left her! LOL!!

Three years ago Whitney predicted that the municipal market would experience "cascading defaults." She said there'd be "hundreds of defaults."

I remember back in 2009, when asked about the stimulus she called it a "mish-mosh" and said it wouldn't do anything.

This woman is insufferable and clueless.

From Business Insider: Meredith Whitney Has Lost Half Of Her Clients And Her Staff Is Down To One Full-Timer

Read more.

1 comment:

Matt Franko said...

"Her Staff Is Down To One Full-Timer.."

Sounds like she is leading a "one car parade" there Mike...

;)