Tag Archives | Meredith Whitney

As The States Go Bankrupt…

Image via Wikipedia State Budgets: The Day of Reckoning (CBS’s “60 Minutes”) “The most alarming thing about the state issue is the level of complacency,” Meredith Whitney, one of the most respected financial analysts on Wall Street and one of the most influential women in American business, told correspondent Steve Kroft… “It has tentacles as […]

$2tn debt crisis threatens to bring down 100 US cities | Business | The Guardian

More than 100 American cities could go bust next year as the debt crisis that has taken down banks and countries threatens next to spark a municipal meltdown, a leading analyst has warned.Meredith Whitney, the US research analyst who correctly predicted the global credit crunch, described local and state debt as the biggest problem facing […]