Weighing in on consumer credit and why mark-to-market will not really help banks, with Meredith Whitney, Meredith Whitney Advisory Group CEO.
Note: Meredith was one of the first analysts (over a year ago) to publicly state that the US banks/financial system were heading for a major crisis.
This link contains an interview w/her back in May 2008: Consumer Credit Crisis
1 comment:
Meredith Whitney sure looks good. Directly answers questions with further background and insight but does in fact answer the questions.
My read is that if you thought 2008 was bad, wait to you see what 2009 will bring. As Mike Morgan says if you haven't been praying, now is the time to start!
God bless America!
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