Meredith Whitney

Hot Links: Ernie & Birch

Stuff I’m Reading this Morning… Stocks explode around the world as St Louis Federale makes dovish comments.  (TBP) BIG STORY: Treasuries at 0% for the first time in 7 decades…since 1938 to be exact.  (Bloomberg) The mass exodus of brokers from Smith Barney has slowed to a trickle.  (CrainsNY) Niall Ferguson on slaying the “Chimerica”…

Hot Links: Wild Wings, Whitney & Fight Club

Stuff I’m Reading this Morning… Looks like a bounce for stocks/ commodities this morning thanks to Germany’s economy.  (Bloomberg) Could Research in Motion (RIMM) get bought out?  (TechTrader) Buffalo Wild Wings suspends 40 Cent Wing Tuesdays over multiple shootings.  How nice.  (NYP) Happy second birthday to iBankCoin.  The Fly cracks me up.  (iBankCoin) The 7…

Hot Links: Stiglitz, Whitney, Durden & Mussolini

Hot Links for Weekend Reading… Someone tipped off the Post as to who Tyler Durden is.  Typical attempt to attack the messenger, not the message.  (NYP) Here’s the Zero Hedge response:  (ZeroHedge) What would Mussolini do to fix Italy’s economy?  (LOLFed) My heart is breaking for the slightly less rich Hamptons crowd of the Summer…

Hot Links: Meredith Whitney, John Quincy Adams and Hitler's Stocks

Stuff I’m Reading this Morning… John Hempton uncovers a fraud.  How long will it take the SEC to shut this stock down?  (BronteCapital) Retailers facing the worst back-to-school shopping season in more than ten years.  (NYT) What restaurants did the Madoffs ring up the biggest bills at?  (Clusterstock) David Merkel takes on 10 Unsolved Problems…

Roubini and Whitney: The Professor & Mary Ann?

No two people manifest the bull vs.bear debate this year more than James Cramer and Nouriel Roubini.  Admittedly, both have been flexible, Cramer having gone on national television telling investors who may need the money within five years to scram, Roubini having made public statements about being long stocks occasionally. That said, the diehards on…

Market Recap: Ugly Love

 [youtube=http://www.youtube.com/watch?v=cIDy_09nmQU] The Reformed Broker, AKA Oxblood Oxheart, here with today’s Market Recap… The secondary offering parade that started last friday continued today with a jumbo 56 mil share lump out of Capital One Financial (COF) this morning. The markets used that as an excuse to take profits with the Dow off 150 heading into the…

Whitney's Latest Concern: Pulled Consumer Credit Lines

The latest prognostication from the Credit Cassandra AKA Meredith Whitney is alarming to say the least.  It concerns the fact that she sees up to 50% of all consumer credit lines being yanked at exactly the worst time for any prospects of a recovery…which would mean now. From Forbes (FP): Whitney discussed credit card lines…

Fun With Analogies: Spring 2009

First let’s practice: Meow is to ___ as woof is to ___.  The answer? Meow is to cat as woof is to dog. OK, are you ready to continue?  Great! ______________________________________________________________ Maxine Waters is to Finance as Lindsay Lohan is to Sobriety Charlie Gasparino is to CNBC as Dr House is to Fox Andrew Cuomo…

Pundit Zachary Karabell (Almost) Keeps It Real

Someday, some pundit is going to come out and call BS on the whole on-air stock promotion system…but today is not that day. From the title of his article in Newsweek, “Confessions of a Pundit”, it sounded as though former pundit Zachary Karabell was about to do just that.