For those that don't know who Meredith Whitney is, she is the executive director of equities research for Oppenheimer. She is one of the few people on Wall Street that provides a very good and raw opinion as to the health of the financial sector. Below is the CNBC video of her interview. Her opinions continue to be extremely bearish for the financial sector and all viewers of this video should pay close attention to her statements.
http://www.cnbc.com/id/15840232?video=920170651
Wednesday, November 5, 2008
Meredith Whitney Updates the Financial Sector
Labels:
ambac,
bailout,
bank of america,
citibank,
financial sector,
goldman sachs,
investing,
mbia,
meredith whitney,
stock market,
stocks,
tarp
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