One potentially alarming trend is banks pulling back consumer credit lines, says Oppenheimer analyst Meredith Whitney.
Analyst Meredith Whitney is predicting 80, 000 people in the financial services sector are set to lose their jobs.
Meredith Whitney received a lot of attention for her Armageddonesque call on the state of the municipal bond market.
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Also joining the bulls was Meredith Whitney, who is well remembered for her headline-grabbing warning about the municipal bond market.
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Meredith Whitney, a financial analyst who foretold the banking crisis, thinks America's states could be the next source of systemic financial risk.
Noted analyst Meredith Whitney, who was criticized by Wall Street for forecasting massive municipal defaults a year ago, now appears to be clairvoyant.
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And in the process, he managed to rehash the controversial role of Meredith Whitney in the municipal bond market so central to U.S. cities.
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Meredith Whitney, an analyst with a reputation for prescience, thinks up to 80, 000 jobs could go on Wall Street in the next two years.
The U.S. dollar rebounded after reputed U.S. banking analyst Meredith Whitney upgraded Goldman Sachs to "buy" and predicted a short-term gain of 15% in banking stocks.
"The ultimate systemic risk caused by the weakened positions of the monoline insurers is overwhelming and scary, " said CIBC World Markets analyst Meredith Whitney in a late-December research note.
"We applaud this purging of assets as an attempt to cuts its losses and focus on stabilizing its platform and righting the franchise toward growth, " said Meredith Whitney of Oppenheimer.
The really good news is that one Sunday in December, an analyst named Meredith Whitney revealed to the nation on 60 Minutes her opinion that we will see massive municipal bond defaults.
The big question, of course, brought to the fore by Meredith Whitney and Nouriel Roubini recently is will we be facing widespread municipal bankruptcies rendering the muni-market a mine field of investor disasters?
"We applaud this purging of assets as an attempt to cuts its losses and focus on stabilizing its platform and righting the franchise toward growth, " said Meredith Whitney of Oppenheimer, in response to Merrill's CDO moves.
Tugging at your sleeve are the doom-saying likes of Meredith Whitney, Nouriel Roubini and Jeffrey Gundlach who loudly warn that this nag of an asset class, dragged down by a wave of local government defaults, will pull up lame.
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Developed by Norman Lear and co-created by Whitney Blake herself a former sitcom star and single mother raising future actress Meredith Baxter the series was groundbreaking for its focus on a young divorced mother seeking independence from a suffocating marriage.
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