Meredith Whitney: At Least 300 More Banks To Fail
I stumbled across this clip from Friday's Good Morning America with Diane Sawyer and Meredith Whitney. It's a good opportunity to talk about Sawyer's intelligence. She has none. (Editor's Note: I got stories but I'm not talking.) Whitney reiterates her thesis that home prices have 25% further to fall and that consumer credit contraction will keep the recovery weak. Sawyer seems almost shocked by the pessimism, as though her assistant never explained to Meredith that you're not supposed to tell the truth on morning TV. She recovers in time to ask MW for one piece of 'advise' for everyone out there.
Meredith Whitney doesn't give advice (Damnit Sawyer, 'advice') to coffee drinking, marmalade slapping, stay-at-home cellulite packers for crying out loud. She was just with Warren Buffett last week (and he was so sweet!) and tomorrow she's gonna tell Blankfein to give us back our AIG-pass through $12.9 billion. The fluff tour is over and GMA will never see the likes of Whitney again.
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Sep 22, 2009 at 4:25 PM
Reader Comments (9)
http://dailybail.com/display/Search?searchQuery=whitney&moduleId=4521698
http://www.bloomberg.com/apps/news?pid=20601087&sid=amEqBRVbOR3s
http://www.cnbc.com/id/32972296
http://usnews.rankingsandreviews.com/cars-trucks/daily-news/090922-Report-Some-Dealers-Opting-Out-Of-GM-s-60-Day-Guarantee/
Former national security adviser Zbignew Brzezinski told The Daily Beast that the U.S. must prevent Israel from bombing Iran. He explained that in order to bomb Iran, "They have fly over our airspace in Iraq. If they fly over, you go and confront them. They have a choice of turning back or not."
What the SEC Might Look Like If It Did Its Job: Susan Antilla
http://www.bloomberg.com/apps/news?pid=20601039&sid=a903JQKwJEiY
You have to refrain yourself from telling the American people the truth. They are shell-shocked already and don't cause mass suicide. But you can talk to us the intelligent bunch.