Friday, December 19, 2014

Meredith Whitney’s Hedge Fund Said to Be in Turmoil

Well, she had a damn good run on one call--Citigroup--which supposedly wasn't even her call to begin with, but her boss's call when she was an analyst at Oppenheimer.

Since then she predicted 100's of municipal defaults (municipalities did phenomenal and muni bonds soared), she said the 2009 fiscal stimulus was a "mish mash" and wouldn't work; she supposedly advised John Paulson (maybe to buy gold?), then she closed down her advisory, now her hedge fund is failing...

Oh boy.

Perhaps she can go back to being a contributor for Fox.

Here's the Bloomberg story.

Too bad this is not Schiff.

1 comment:

Matt Franko said...

"Perhaps she can go back to being a contributor for Fox."

Ouch! ;)