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Whitney Stands by Call on Municipal Defaults
Wednesday, June 20, 2012 - 10:41pm | 421Read More...Meredith Whitney, widely known as the first bank analyst to call to light the risks of the sub-prime market, is standing by her call that some U.S. states and municipalities remain financially vulnerable. In an interview with Bloomberg Television's "Risk Takers" program, Whitney cleared the air...
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Meredith Whitney Advisory Group Maintains Visa at Outperform, Raises PT from $105 to $117
Thursday, February 9, 2012 - 10:38amRead More... -
Meredith Whitney Downgrades Jefferies Group to Hold
Wednesday, December 21, 2011 - 4:18pm | 26Read More...Meredith Whitney Advisory Group has downgraded Jefferies Group (NYSE: JEF) from Buy to Hold with a $15.50 price target.
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Meredith Whitney Shouldn't Pop the Cork Just Yet
Wednesday, October 12, 2011 - 10:19am | 823Read More...Reputed analyst Meredith Whitney of Meredith Whitney Advisory Group went on TV at the end of 2010, and predicted that we could see fifty to one hundred large size municipal defaults, totaling "hundreds of billions of dollars." So far we have seen nothing like that in this country, with a few...
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With Meredith Whitney Defending BofA, Is It Time To Buy?
Wednesday, August 24, 2011 - 10:13am | 824Read More...Meredith Whitney, who has been notoriously bearish on the banks in the past, is singing a different tune this morning. Whitney, of Meredith Whitney Advisory Group, said that Bank of America Corp. (NYSE: BAC) does not have to raise capital immediately. In comments captured by Bloomberg, Whitney...
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More Pain Coming For Muni's As Moody's Cuts L.A. G.O. Bonds
Tuesday, July 12, 2011 - 1:38pm | 179Read More...Perhaps Meredith Whitney will ultimately be proven right, as Moody's is on a cutting spree, and has just cut Los Angeles General Obligation bonds from Aa2 to Aa3. Late last year, Whitney had predicted that "you could see 50 sizeable defaults. Fifty to 100 sizeable defaults" amounting to "hundreds...
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Mrs. Whitney Goes To Washington?
Monday, February 7, 2011 - 8:57am | 220Read More...Congress wants to speak to Meredith Whitney about the municipal bond market, but for right now, she isn't biting. Congressman Patrick McHenry, (R-NC) wants the president of the Meredith Whitney Advisory Group to appear before the subcommittee he's launched to discuss what she had to say on "60...
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How Bad Is The Muni Market? (MUB)
Thursday, January 20, 2011 - 12:56pm | 424Read More...The municipal bond market is going to play out in 2011, probably as the biggest financial storyline of the year, as we continue to see more defaults than anyone thinks is possible. If we take nothing else from the Great Recession, we should take the fact that things we thought weren't feasibly or...
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Meredith Whitney Says Buy Middle America
Tuesday, December 21, 2010 - 4:28pm | 192Read More...Meredith Whitney is on CNBC with Maria Bartiromo and she is saying that middle America, the states that have not over-levered themselves and are not at risk of default, are the ways to play this. She said the ways to play it are transports, commodities, rails and other infrastructure related names...
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Meredith Whitney: Says States Are In Trouble
Thursday, November 11, 2010 - 5:29pm | 185Read More...Meredith Whitney of Meredith Whitney Advisory Group is on CNBC and she is discussing the issues with states and structural issues with them. Whitney said it is inevitable that some restructuring will take place at the state level. Whitney also believes that Wall St. will downsize over the next 6...
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Meredith Whitney Not Batting A Thousand, But Who Does?
Wednesday, October 6, 2010 - 10:29am | 306Read More...Meredith Whitney, president of Meredith Whitney Advisory Group has made herself into a very influential analyst on Wall Street, and when she speaks, the markets listen. Unfortunately, she hasn't been right on her investment ideas lately, costing clients potentially lots of money. Whitney called...
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Meredith Whitney: Bank Stocks Are Boring
Tuesday, October 5, 2010 - 8:58am | 207Read More...Meredith Whitney, said that bank stocks are "boring" in an interview with Becky Quick, as she believes that banks will have one more good quarter, before the credit quality of holdings will deteriorate. She went on to say that financials need vibrant operations outside of the U.S., and need...
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Meredith Whitney: Don't Buy Banks (C, BAC)
Tuesday, September 28, 2010 - 3:29pm | 124Read More...In an interview with Meredith Whitney on CNBC, Whitney said don't buy banks in general, and to stay away from the banks with larger trading operations. Whitney has been consistently bearish on the banking sector, and just predicted that approximately 80,000 jobs will be lost from the financial...
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Meredith Whitney: Banks Aren't Ready For A Double Dip (C)
Monday, August 30, 2010 - 9:03am | 127Read More...The banks are going to need to raise more capital Meredith Whitney says, and that's not good for shareholders. As first reported in the NY Post, Whitney said it appears there is a "double dip" decline in housing, and banks aren't prepared to handle that right now. "They need higher capital,"...
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Meredith Whitney Initiates Coverage on Jefferies (JEF)
Monday, June 14, 2010 - 12:06pm | 69Read More...Meredith Whitney Advisory Group initiated coverage of Jefferies & Company (NYSE: JEF). Jefferies is an investment bank headquartered in NYC. Meredith Whitney gave Jefferies an Outperform rating. The price target was set at $27.00. JEF is trading at $22.72 as of midday June 14th. Meredith...








