Today Meredith threw a curve ball at the overly optimistic market with fresh downgrade on Goldman Sachs from a buy to a Neutral. Normally this kind of thing doesn't matter to us here because most analysts are completely off base or in the...
You may say many things about Meredith Whitney, but she upgraded Goldman Sachs in the spring to Buy and the stock rocketed higher. Now she has downgraded it to Neutral, just ahead of it releasing earnings. The lady seems to know something.
As...
Last July, Meredith Whitney, whom many had come to consider as a "bear angel" ever since she recognized first that Citigroup would cut its dividend in 2007, had trumpeted the doom of the last pack of bears that were resisting to the bullish...
(Update1) Goldman Sachs Group Inc., the
biggest U.S. securities firm before converting to a bank last
year, was cut to “neutral” by Meredith Whitney, as the analyst
dropped her only “buy” recommendation.
Banks and equities generally rose today. I think they were due for an oversold bounce at least, with some better situated to try for a new high than others (and it didn't hurt that the Institute for Supply Management (ISM) reported that its...
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Matt Taibbi - An Inside Look at How Goldman Sachs Lobbies the Senate which includes a Goldman Sachs lobby sheet here (pdf)
Blackstar Funds on the need for a sell discipline
Meredith...
Meredith Whitney isn't buying Fed Chair Ben Bernanke's argument that the recession is technically over.
Whitney said this morning that the economy is still weak and that it will “face a big test next month when the government starts winding...
In case you missed it, Meredith Whitney was on Squawk Box yesterday. And she was once again playing the role of harbinger of doom.
She told Squawk that home prices could fall by another 25 percent because of high unemployment and another leg...
Last week we presented our list of the 25 recession winners -- the individuals who navigated the crisis and emerged even more powerful.
Today we list 10 individuals who had the chance to win big, but somehow didn't fully seize the moment.
Many...
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