Meridith whitney

Let me just say some nasty words...

so she came out talking about consolidation, in the banking industry.

BULLSHIT! Again... the Financial services industry has less value than CDO's, You want to talk about .30 on the dollar, Lets talk about .5 on the dollar for Investment bankers and financial advisors.
There are 50 Investment bankers for every job. Explain to me, how we need more John Thain's, Chuck Prince's, etc.... Seems like we have an oversupply. In an industry where your greatest asset goes out the door every day. There is no reason to buy more doors. You are much better to bottom fish on people, than bother to consolidate.

The UK is on it's way out, Asia to follow.

if you tie GS MS BAC C together, you don't get a raft. You get a tangled knot. which is still 10 times too big for the market.