Meredith Whitney
Meredith Whitney
Meredith Ann Whitney is an American financial analyst. She is best known for successfully forecasting the difficulties of Citigroup and other major banks during the financial crisis of 2007–08, and then for predicting in 2010 the still-unrealized default of US municipal bonds totaling hundreds of billions of dollars...
NationalityAmerican
ProfessionBusinesswoman
Date of Birth20 November 1969
CountryUnited States of America
addressing
Every day things get better because politicians are addressing the fiscal challenges more aggressively.
address fiscal markets
The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that.
basis blanket careful flows great supporting
There are great municipal investments out there, but on a blanket basis you have to be really careful about knowing what cash flows are supporting your investments.
supports terms
You have to know what you own. You have to really do your homework in terms of knowing what supports your bonds.
mind
There's not a doubt in my mind that you will see a spate of municipal-bond defaults.
borrowing business cheaply great lending money sensibly type utility
You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.
certain people
At a certain point, you can't tax people beyond a certain level.
powerful media people
People knew that Murdoch's media estate in the UK was too powerful and it was doing very unpleasant things.
people attention pay
People dont pay attention until they have to
making-money ifs
You're either making money or you're not. If you're not making money get out of the business.
real past years
Municipal debt outstanding doubled in the past 10 years. And in the past 30 years, the U.S. has been in real economic nirvana.