wall street

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MEREDITH WHITNEY, THE “WITCH” OF WALL ST. & THE POISONOUS FRUIT OF IRRESPONSIBILITY

I’m a Street addict, and Meredith Whitney has the good stuff. If you recall, a veritable witch’s brew wafted around her 31 October 2007 report on Citigroup ©, predicting Citigroup would cut its dividend because it was holding too much worthless paper. Some have said that Ms. Whitney is the Oracle of Wall Street. Some CEOs are probably still having nightmares of her flying around on a broom. Ms. Whitney has class and doesn’t call CEOs who cannot comprehend their own books liars, but rather errs on the safe side that they are just dullards. While Whitney had some rough […]