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Meredith Whitney

Wall Street Braces For Layoffs And Lower Bonuses

The Huffington Post | William Alden | Posted 05.25.2011 | Business

The national wave of layoffs may have finally reached the financial sector. As Wall Street profits shrink, big banks may soon resort to firing employ...

Anaylst: Broke Cities Could Cause The Next Financial Crisis

The Huffington Post | William Alden | Posted 05.25.2011 | Business

The next major financial crisis could come from a crisis in local government budgets, according to a new report from analyst Meredith Whitney. State ...

The Big Short: Inside the Doomsday Machine by Michael Lewis

Alicia Whitaker | Posted 05.25.2011 | Books
Alicia Whitaker

"...the powers that be might step in at any time to prevent individual American subprime mortgage borrowers from failing. The powers that be never did...

Rosenberg: Unemployment Will Hit 12-13%

Credit Writedowns | Edward Harrison | Posted 05.25.2011 | Business

David Rosenberg thinks the unemployment rate is headed much higher than anyone anticipates. If you recall, back in January when the stimulus package ...

Rewarding Failure: Banks Set To Offer Record Bonuses

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

The future of the US is in a deep pile of dirty diapers if we willingly and knowingly continue to destroy capitalism by rewarding the behavior of failures.

Meredith Whitney: Banks 'Grossly Overvalued,' Wall St. Should Have Its Own Compass

Posted 05.25.2011 | Business

Wall Street analyst Meredith Whitney appeared on Bloomberg Radio this morning to respond to comments made by John Mack, the CEO of Morgan Stanley, tha...

Meredith Whitney: Small Business Left Out In The Cold In Bailout

wsj.com | MEREDITH WHITNEY | Posted 05.25.2011 | Business

Since the onset of the credit crisis over two years ago, available credit to small businesses and consumers has contracted by trillions of dollars, an...

The Financial Crisis: Economists And Politicians Who Got It Right (PHOTOS)

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Financial prognostication has a notoriously shoddy track record (We're looking at you, Jim Cramer!). But did anyone actually see the financial cri...

If TARP Was So Smart, Why Are So Many Banks Failing?

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

Things aren't going so well outside the pale of banks too big to fail. The FDIC faces losses of $21 billion from the 84 banks that have gone under so far this year -- more than in all of last year.

Meredith Whitney Gets Downgraded

wsj.com | DAVID WEIDNER | Posted 05.25.2011 | Business

The Meredith Whitney myth might be in line for a downgrade. The bearish banking analyst has been the toast of Wall Street and Main Street since Oct...

Meredith Whitney Profile: Working To Leverage Her Prediction of the Banking Meltdown

New York Magazine | Sheelah Kolhatkar | Posted 05.25.2011 | Business

t's a brisk morning, and Meredith Whitney, dressed in a tightly fitted plum velvet jacket and towering red patent-leather heels, is giving me a tour ...

Meredith Whitney: Credit Cards Are the Next Credit Crunch

Wall Street Journal | MEREDITH WHITNEY | Posted 05.25.2011 | Business

Few doubt the importance of consumer spending to the U.S. economy and its multiplier effect on the global economy, but what is underappreciated is the...

Meredith Whitney's Company "A Dream Come True"

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

Meredith Whitney spoke with Maria Bartiromo on CNBC Thursday, where she said the government is "throwing good money after bad." Whitney, who earlier...

Meredith Whitney: Banks On Life Support For Next 18 Months

CNBC | Posted 05.25.2011 | Business

Influential bank analyst Meredith Whitney remains bearish about the economy, and her outlook for the banks that "lubricate the economy" is grim. "The...

Fortune's Most Powerful Women Summit Highlights: Arianna, Meredith Whitney, Melinda Gates (VIDEO)

Fortune | Pattie Sellers | Posted 05.25.2011 | Business

Here on Postcards, you'll find a trove of video segments from last week's Fortune's Most Powerful Women Summit. Click here to watch a riveting take on...

Will Abu Dhabi's Past Come Back to Haunt Us?

Fox News | David Asman | Posted 05.25.2011 | Business

Citigroup is rejoicing at its $7.5 billion capital injection from Abu Dhabi, though Meredith Whitney told Scoreboard that wouldn't be nearly enough to...