Saturday, July 14, 2012

Another

Together with Michael Burry, and Paulson's statistician, she saw and educated everyone around about their mortgage business.

Without much refinement, she is known for speaking her mind. People could not believe she insisted in teaching powerful career bankers about their business. She was a history major after all.

She has suffered the political and Wall Street mob for her new prediction of municipalities in bankruptcy.

With San Bernardino declaring bankruptcy, and Buffet suggesting more are to come, Meredith Whitney has proven she is not a statistical aberration. But what is interesting is the fact that she could have come out ahead of everyone if she had just profited from her findings as it is her role instead of warning the market years in advance.