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Meredith Whitney Says Buy Middle America
Tuesday, December 21, 2010 - 4:28pm | 192Meredith Whitney is on CNBC with Maria Bartiromo and she is saying that middle America, the states that have not over-levered themselves and are not at risk of default, are the ways to play this. She said the ways to play it are transports, commodities, rails and other infrastructure related names...
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Meredith Whitney To Set Up Rating Agency To Rival Moody's & S&P
Friday, November 19, 2010 - 8:37am | 201Meredith Whitney recently said in an interview with the Financial Times that she plans to set up her own rating agency that would rival Moody's and Standard & Poor's. Meredith Whitney widely gained recognition for her bearish call on banks before the financial crisis. Ms. Whitney told the...
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Meredith Whitney: Says States Are In Trouble
Thursday, November 11, 2010 - 5:29pm | 185Meredith Whitney of Meredith Whitney Advisory Group is on CNBC and she is discussing the issues with states and structural issues with them. Whitney said it is inevitable that some restructuring will take place at the state level. Whitney also believes that Wall St. will downsize over the next 6...
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Meredith Whitney Not Batting A Thousand, But Who Does?
Wednesday, October 6, 2010 - 10:29am | 306Meredith Whitney, president of Meredith Whitney Advisory Group has made herself into a very influential analyst on Wall Street, and when she speaks, the markets listen. Unfortunately, she hasn't been right on her investment ideas lately, costing clients potentially lots of money. Whitney called...
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Meredith Whitney: Bank Stocks Are Boring
Tuesday, October 5, 2010 - 8:58am | 207Meredith Whitney, said that bank stocks are "boring" in an interview with Becky Quick, as she believes that banks will have one more good quarter, before the credit quality of holdings will deteriorate. She went on to say that financials need vibrant operations outside of the U.S., and need...
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Wall Street Layoffs Keep Coming
Friday, October 1, 2010 - 4:08pm | 188Meredith Whitney continues to be right, albeit at a slower pace than before. Wall St. continues to lay off people, as trading volumes are declining and firms can't handle the headcount with a lack of trading volumes. In the past two weeks, Bank of America (NYSE: BAC) announced it was laying off...
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Meredith Whitney: Don't Buy Banks (C, BAC)
Tuesday, September 28, 2010 - 3:29pm | 124In an interview with Meredith Whitney on CNBC, Whitney said don't buy banks in general, and to stay away from the banks with larger trading operations. Whitney has been consistently bearish on the banking sector, and just predicted that approximately 80,000 jobs will be lost from the financial...
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Meredith Whitney: Banks Aren't Ready For A Double Dip (C)
Monday, August 30, 2010 - 9:03am | 127The banks are going to need to raise more capital Meredith Whitney says, and that's not good for shareholders. As first reported in the NY Post, Whitney said it appears there is a "double dip" decline in housing, and banks aren't prepared to handle that right now. "They need higher capital,"...
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Jon Najarian Thinks That Goldman Sachs (GS) Is Going To Beat Estimates
Friday, July 16, 2010 - 7:24pm | 238On CNBC's Fast Money, Jon Najarian said that Goldman Sachs (NYSE: GS) will post better than expected earnings on Tuesday. He expects Goldman Sachs (GS) to beat earnings by at least a buck. Bank of America (NYSE: BAC) and JPMorgan (NYSE: JPM) failed to impress investors with their earnings results...
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Meredith Whitney Initiates Coverage on Jefferies (JEF)
Monday, June 14, 2010 - 12:06pm | 69Meredith Whitney Advisory Group initiated coverage of Jefferies & Company (NYSE: JEF). Jefferies is an investment bank headquartered in NYC. Meredith Whitney gave Jefferies an Outperform rating. The price target was set at $27.00. JEF is trading at $22.72 as of midday June 14th. Meredith...
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The Prophet Speaks…Again
Wednesday, May 19, 2010 - 6:00am | 850About a year ago we dedicated an entire week’s worth of posts to famed Analyst Meredith Whitney. As a quick refresher, she was responsible for “the call” on Citi, where she (almost prophetically) predicted that Citi was in serious trouble. Following a quick rise to fame, she was subsequently...
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Meredith Sees ‘Rocky Sledding’ Ahead, Wants Investors To Avoid Banks
Tuesday, May 18, 2010 - 9:51am | 290In an article on CNBC, a well-known banking analyst, Meredith Whitney, has warned investors against investing in financial stocks. She has advised traders to avoid the banking sector in particular, as there is a high probability of Senate's financial reform bill restricting credit and hurting bank...
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Bloomberg TV Interview With Meredith Whitney
Wednesday, May 5, 2010 - 12:29pm | 387This morning, noted banking analyst Meredith Whitney spoke with Bloomberg TV's Jonathan Weil about her outlook for the U.S. financial industry. Whitney is a keynote speaker at Bloomberg Markets Global Hedge Fund and Investor Summit which has been taking place yesterday and today in New York. Below...
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Meredith Whitney Offers Up Some Bearish Comments On CNBC (GS)
Monday, April 26, 2010 - 4:48pm | 237Noted banking analyst Meredith Whitney appeared on CNBC this afternoon to talk to Maria Bartiromo. Whitney said that if financial reform passes, it will force major Wall Street institutions to contract their balance sheets significantly and will likely erode their business models. She spoke in some...
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Whitney Says Banks Are Broken
Wednesday, March 17, 2010 - 6:05pm | 184On CNBC's Worldwide Exchange, Meredith Whitney discussed her view of the banking sector. Whitney is famous for forecasting the banking crisis in 2007 and the insolvency of numerous investment firms. Whitney doesn't believe that" there's much the Fed can do to get banks to start lending again....