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’Get specific on muni bonds, say Roubini analysts
Municipal bonds, doctor doom will see you now.
The WSJ reports Wednesday that Roubini Global Economics analysts David Nowakowski and Prajakta Bhide estimate there will be about $100bn of muni bond “defaults”
Meredith Whitney and the muni fifth dimension
Bloomberg has tracked down Meredith Whitney, bought her scrambled eggs, and demanded an explanation.
In an article out on Tuesday, Whitney is asked about her prediction that “You could see 50 sizable defaults,
This year’s Halloween favourites
This Saturday is Halloween. If you’re in finance and fancy making an ironic statement — or just want to deflect from being part of ye most hated of trade guilds — then perhaps you might consider some of the following outfits we at FT Alphaville have cherry-picked as favourites for this year’s festivities.
Mystery Meredith Whitney Goldman downgrade – update
Okay – if you want to know what Meredith said about Goldman Sachs on Tuesday, you no longer have to try to mind-meld with the bankslayer.
Here’s why she downgraded the mighty Goldman:
And as a special bonus,
MWAG ♥ GS
Trouble is, we don’t know why.
And nor does Bloomberg, judging from the below story. Mind you the preview for tomorrow’s results from the giant vampire squid Goldman is still rather useful:
July 13 (Bloomberg) — Meredith Whitney,
Me, myself and Meredith Whitney
Only last week superstar analyst Meredith Whitney – bankslayer, the anti-pandit, etc. – announced she would be leaving her present employer, Oppenheimer, and setting out on her own.
Welcome, then, Meredith Whitney Advisory Group.