Oppenheimer's Meredith Whitney was on Bloomberg this morning explaining how the credit crunch will continue to impact banks and the broader economy over the months ahead.
Whitney is one of my favourite analysts. She is bright, well-informed, and has been refreshingly forthright in calling
bullshit foul on the shell game that has supported financial profits over the past few years. She was one of the earliest Wall Street analysts to sound the alarm. She is also very good at breaking the complexity down into real life terms.
Watch the clip here
Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”