Wednesday, May 5, 2010

Meredith Whitney Still Slamming Banks, Says They're Wrong On Housing, And Don't Justify Valuations

www.businessinsider.com

Meredith Whitney appeared at Bloomberg TV's excellent hedge fund conference this morning. She's still slamming the banks, arguing that they're wrong on housing (she sees a double dip) and don't have the earnings power to justify current valuations.