"Who could have seen this coming"....
I'd look to short Openheimer and goldman
Meridith showed her massive ignorance not knowing how weak Lehman was....
Some body has linked this post to create a rumor that mrs whitney was unhappy with a couple of regional banks....
The regional banks will take market share from wallstreet over the next 10 years. The market buble and lequidity problems are on wallstreet, THEY HOLD THE BAD LOANS, not the good regionals...
certainly there are some silly ones that will have problems. but nothing compaired to the disaster that is Wallstreet. and the Ibanks
Monday, September 15, 2008
Meridith Whitney
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