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The Oracle speaks. Star banking analyst, Meredith Whitney has finally broken her silence on the good bank/bad bank proposal that's currently being floated as the administration's response to the banking crisis. She is the most important banking analyst on the Street and deservedly so. It turns out that Ms. Whitney is none too amused with the idea of burdening taxpayers with this pile of toxicity, and she states bluntly that it will NOT work. Get her view in detail from 4 sources including the original Oppenheimer report pdf. after the jump.
There's also word this afternoon that New York AG Andrew Cuomo is looking into clawing back the $15 billion of your money that Merrill used for bonuses just last week. There are 22 afternoon links after the jump.
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