Inside Look - The "Great White Wash" of 1Q Bank Earnings - Bloomberg

baller4lfe Says:

Apr 20, 2009 - whoa Meredith Whitney !! nice eyecandy watching bloomberg ;)

abstractconceit Says:

Apr 21, 2009 - Great interview! Financials are still garbage...

joewisco Says:

Apr 21, 2009 - the fact of the matter is that most of the banks in actuality fail the stress test...in reality.

fukkkkka Says:

Apr 21, 2009 - Meredith is da bomb.

shahen13 Says:

Apr 22, 2009 - She has made some excellent calls but I have seen her make some stupid calls as well. I think she is overestimating the impact canceling UNUSED credit lines will have on consumer spending but we will see.

badonkadonk34 Says:

Apr 22, 2009 - Shahen - I disagree and would advise you not to lose touch. I can tell you that when people have thier lines reduced it has a tremendous impact on thier spending habits. Ive seen it happen with friends and family recently. Over 60% of Americans have only two paychecks of savings - very litte cash. Think about it like you would a Company if their revolver is cut from 500MM to 100MM with 75MM outstanding, you better believe the CFO will be counting paper clips. Good luck.

badonkadonk34 Says:

Apr 22, 2009 - Shahen - I disagree and would advise you not to lose touch. I can tell you that when people have thier lines reduced it has a tremendous impact on thier spending habits. Ive seen it happen with friends and family recently. Over 60% of Americans have only two paychecks of savings - very little cash. Think about it like you would a Company if their revolver is cut from 500MM to 100MM with 75MM outstanding, you better believe the CFO will be counting paper clips. Good luck.

Chick6517 Says:

Apr 23, 2009 - How is that possible?? I am still in disbelief on how that actually happened. Thank God for You Tube because moments like these would never get exposure. haha!

andreas947 Says:

Apr 23, 2009 - this gal only knows one trick....the dow is at 8,000 now, not 14,000....one good call and is trying to milk it....buffett is worth about $50 billion more than Meredith and he is the largest owner of Wells Fargo and his comments on Wells and American Express are extremely bullish....in the end he will be proven correct and everyone will move on from Meredith and her 15 minutes of fame....these banks are making huge amounts of $'s from mortgage refi's, even after loan loss provisions..

HISTORYRHYMES Says:

Apr 27, 2009 - can a quarter of a century boom/bubble in financials be corrected in 18 months or will it be nearer to 10 years? Welcome to the lost decade!!!

Mothra69 Says:

May 7, 2009 - This is all well and good info, but where is the investible thesis in this? If everything has happened as expected, did she call the bottom? Did she get long at C = $1 or BAC in the hole? I think she played these guys going out of business, and instead have seen huge rallies on the up side. You can be short, or you can be long, and at some point you'll be right. I think she made a great call, but what are you going to do now?

edmack4me Says:

May 12, 2009 - In the next few years Buffett may not make Forbes.

colectve Says:

May 18, 2009 - Not to be overly critical "edmack4me" but that is one of the most uneducated statements I have ever heard. Making 10% in a down market on 8 billion dollars not including stock price appreciation is sure to maintain a place among the elite of Forbes listings. Not to mention all of the other deals Buffett has struck in these turbulent times.

colectve Says:

May 18, 2009 - Meredith did recommend an industry to short. RETAIL. Also if you were watching Core retails sales reports as of late you will have seen that she was on the money with her analysis.