Meredith Whitney on house price forcast, banks. Long but interesting.

NEW -> Contingent Buyer Assistance Program
This statement is an eye opener.



<em>"The Fed went on a nine-month rate-cutting spree beginning in September 2007 aimed at easing monetary practices, but banks have not responded and in fact have cut lending dramatically. Whitney said banks originated $900 billion loans last year, but just $100 billion so far in 2008".</em>



"The most influential analyst on Wall Street", "known as the Belle of The Bears". Watch the vid (8 mins)....I officially have a crush on Oppenheimer's Meredith Whitney. ;-P
 
Sarge - She is married to that ex-wrestler guy who is sometimes on the Saturday morning financial shows.


It seems Meridith and Cramer disagree on the housing bottom.
 
<img src="http://upload.wikimedia.org/wikipedia/commons/thumb/2/22/Chris_Jericho_and_Umaga.jpg/800px-Chris_Jericho_and_Umaga.jpg" alt="" />



Chris Jericho. Holla.
 
Back
Top