Meredith Whitney

For most investors, the boring and uninspiring municipal bond sector is hardly given any thought. However, over the last year, the sector has been shaken by analyst predictions of wide-spread defaults. Perhaps the most famous, was credit analyst Meredith Whitney's 60 Minutes appearance, in which...

Perhaps Meredith Whitney will ultimately be proven right, as Moody's is on a cutting spree, and has just cut Los Angeles General Obligation bonds from Aa2 to Aa3. Late last year, Whitney had predicted that "you could see 50 sizeable defaults. Fifty to 100 sizeable defaults" amounting to "hundreds...

Six months after Meredith Whitney predicted we would see 50 to 100 "sizable defaults" in municipal bonds, we've had only 26 issues default, with a value well under $1 billion. Missed it by THAT much Meredith.

Meredith Whitney, founder and CEO of the Meredith Whitney Advisory Group, appeared on CNBC's Squawk Box Wednesday morning. In her appearance, she reiterated her call for municipality defaults. She stated that she anticipated some form of restructuring in the municipal market, as local politicians...

For investors who do not know what a municipal bond is, it is a bond issued by a US city or other local government , or their agencies, and the income generated is typically exempted from federal and state tax. Because of the tax incentive, municipal bonds usually have lower yields than corporate...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports Meredith Whitney “has yet to apply” with the Securities and Exchange Commission (SEC) for Rating Agency Designation. Gasparino said in the process, “you have to disclose your conflicts of interest” and “scrutiny will be...

Congress wants to speak to Meredith Whitney about the municipal bond market, but for right now, she isn't biting. Congressman Patrick McHenry, (R-NC) wants the president of the Meredith Whitney Advisory Group to appear before the subcommittee he's launched to discuss what she had to say on "60...

Congressional Subcommittee would like to speak with Meredith Whitney about muni bonds, Dealbreaker reported on February 3.

Meredith Whitney is raising estimates on American Express (NYSE: AXP), Bloomberg reports.

On CNBC this morning, banking analyst Meredith Whitney explained how the average Joe will be affected by the anticipated municipal bond defaults. “It absolutely affects you as a taxpayer,” Whitney said. “Whenever your state is under-funded, you as a taxpayer are legally obligated to make up the...

Director of Credit Analysis at HJ Sims & Co. Richard Larkin was just interviewed on Fox Business Network by Senior Correspondent Charlie Gasparino. He spoke about Meredith Whitney's prediction that there will be “hundreds of billions of defaults of municipal bonds.” Larkin said the prediction...