Meredith Whitney Is Not ‘That Great,’ Okay
The call she made about Citigroup back in October 2007, widely hailed as prescient, "to put it bluntly ... wasn't that great," he says. "It wasn't the first, nor was it the best.
Weidner makes some very good points, among them that people should be more wary of "crowning messiahs on Wall Street," since that's what got us into this mess in the first place. But nonetheless, we've seen this kind of thing go down before, and we can pretty much guess how Whitney is going to respond, which will be with some variation of "He's just jealous." And everyone knows there's no good comeback for that
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Thursday, April 9, 2009
LOL... Looks like the Blossom is off Meridith Whitney
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