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Meredith Whitney

Mark Gongloff

Meredith Whitney Wrong Yet Again | Mark Gongloff | Posted 07.25.2013 | Business

Famous fear-generator Meredith Whitney is once again generating fear about a coming fiery apocalypse for state and local governments. Fortunately, she...

Meredith Whitney's Bad Prediction

Charles Gasparino | Posted 08.04.2013 | Business
Charles Gasparino

Wall Street analysts make bad calls all the time, but among the worst made at least in recent history has to be Meredith Whitney's prediction back in 2010 that the municipal-bond market was set for an epic implosion.

Mark Gongloff

Analyst Compares Bank Regulation To Drone Attacks | Mark Gongloff | Posted 03.18.2013 | Business

What do bank regulations and drone attacks have in common? If you answered, "Nothing, what a stupid question," then you are obviously not famous bank ...

Report: Rating Agency Drastically Underreporting Muni Defaults

The Washington Post | Danielle Douglas | Posted 08.16.2012 | Business

Defaults on municipal bonds for decades have been far higher than reported by rating agencies, bringing into question the true risk of a common invest...

Meredith Whitney: Laid-Off Wall Street Employees 'Sitting On Their Couches'

The Huffington Post | Bonnie Kavoussi | Posted 07.31.2012 | Business

The Wall Street firing spree is only half over, if you believe "prophet" analyst Meredith Whitney. The banking industry is going to slash "another...

Whitney: Dimon's Testimony Proves He's 'The Antithesis' Of Blankfein

The Huffington Post | Jillian Berman | Posted 06.19.2012 | Business

If we’ve learned anything from JPMorgan Chase’s $2 billion trading loss, it’s that the bank’s CEO Jamie Dimon is a charmer. But what we di...

Christopher Whalen and the Bet on Small Banks

Robert Teitelman | Posted 04.02.2012 | Business
Robert Teitelman

Traditional banking is a difficult, commoditized service business, shorn of products that make fat profits. That's the reality that no one ever speaks of when they cry out to revive Glass-Steagall or when they wax poetic about the joys of small-town banking.

2011: The Year 60 Minutes Misled Americans About Municipal Bonds

Janet Tavakoli | Posted 02.29.2012 | Business
Janet Tavakoli

I was (at first) happy to see 60 Minutes highlight fiscal problems of states and municipalities. It explained how Illinois was late on payments to service suppliers, and it's a huge problem for people doing business with the state. Then 60 Minutes went completely off the rails.

Nobel Prize-Winning Economist: 50 Percent Chance Of Global Recession

The Huffington Post | Harry Bradford | Posted 10.26.2011 | Business

Michael Spence, professor at New York University’s Stern School of Business and winner of the 2001 Nobel Prize in economics, told Bloomberg Televisi...

Meredith Whitney: BofA Not In 'Mad Dash' To Immediately Raise Money

Posted 10.24.2011 | Business

By Mark Gongloff of the Wall Street Journal Why were we waiting for Ben Bernanke to rescue the stock market? Meredith Whitney’s been here all alo...

Meredith Whitney: 'Increasing Signs' Of Double Dip Recession

The Huffington Post | Harry Bradford | Posted 10.02.2011 | Business

The debt ceiling debate has finally came to a close on Tuesday. Fears of the United States falling back into recession, however, are only heating up. ...

Moody's Warns It May Downgrade Muni Debt Rating

Posted 08.30.2011 | Business

NEW YORK (Walter Brandimarte) - Moody's on Wednesday warned it may downgrade some Aaa-rated U.S. states and municipalities if the country loses its to...

Meredith Whitney: 'More Validation' Everyday Of Impending Muni Debt Crisis

James Sunshine | Posted 08.08.2011 | Business

She was right about Citigroup's fall from grace, and she's pretty sure about the municipal debt crisis, too. Last December, on CBS's 60 Minutes, M...

Meredith Whitney Doubles Down on Wrong

Charles Gasparino | Posted 08.08.2011 | Business
Charles Gasparino

Meredith Whitney is quickly becoming known more for what she's gotten wrong than for what she's gotten right. Her latest claims about municipal bond defaults will only extend this trend.

William Alden

'NO MORE DEBT': Municipal Bond Issuance Down By Half This Year | William Alden | Posted 08.03.2011 | Business

NEW YORK -- As cities and states struggle with historic budget shortfalls, governments have put one item squarely in the cross-hairs: their debt. R...

Whitney Defends Bond Default Prediction As Market Improves

The Huffington Post | William Alden | Posted 07.05.2011 | Business

Even as the municipal bond market shows signs of recovery, analyst Meredith Whitney stood by her controversial prediction of widespread defaults. S...

The Right Picks Up Meredith Whitney's Frayed Banner

Charles Gasparino | Posted 05.28.2011 | Business
Charles Gasparino

The American right is now using Meredith Whitney's increasingly absurd claims of imminent municipal Armageddon to further its agenda of quashing the power of government unions.

Is Meredith Whitney Flip-Flopping or Stalling?

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

In nine months, when defaults are less than half of what Meredith Whitney suggested, she will be taking credit for sounding the alarm bells, and forcing public officials to make the hard choices and avoid default.

Literally Figurative

Yvette Kantrow | Posted 05.25.2011 | Media
Yvette Kantrow

By concocting a whisper-thin M&A story about Twitter, the WSJ was able to get the ever-popular B-word on its front page. The particulars of the piece don't really seem to matter here.

Why Meredith Whitney's Muni Prediction Doesn't Add Up

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

Meredith Whitney made her prediction of 50-100 municipal bond defaults in the next year nearly 6 weeks ago, and since then the market has experienced a total of one default, totaling just $6 million.

Muni Bonds: Matt Taibbi's* Antidote to Meredith Whitney

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Meredith Whitney's unsupported claim on 60 Minutes gives muni-problem-deniers ammunition to claim there is no substance to the argument that there are serious problems with certain muni bonds.

Meredith Whitney Should Show Her Cards

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

It's about time Meredith Whitney came clean and released her municipal bonds report to the public so we can determine if it should be given so much credence.

Municipal Debt Market Hits Worst Level Since The Financial Crisis

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As the financial struggles of cities and states become ever more worrisome to investors, the market in their debt has hit its lowest level since the f...

States of Pain

Nicole Lapin | Posted 05.25.2011 | Politics
Nicole Lapin

Moving forward, the first quarter of the 2011 fiscal year will be a true test of how far the states have come in repairing their bruised economies. For some, it's not a question of hitting rock bottom, but how to climb out of the fiscal hole once they do.

CHART: U.S. Economy Is 11.5 MILLION Jobs Short

Huffington Post | William Alden | Posted 05.25.2011 | Business

Even though the unemployment rate remained flat at 9.6 percent in September, the labor market would now need to add a total of about 11.5 million jobs...