Tuesday, November 18, 2008

Meredith Whitney: Insights on the Credit Crisis

Meredith Whitney of Oppenheimer - discussion on credit crisis, how she foresaw the bank writedowns and now sees bank lending slowdown and credit cards as the next phase of the crisis... massive inflation likely the answer but does not think inflation coming soon enough... finds it difficult to see how the new administration will be able to rerail the "derailed" US economy ... the interview consists of 4 short 5-minute segments found at the following link (may have to page down a bit to find the date of 10 November):

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