Merideth Whitney on CNBC

Anyone catch this interview? If she's right (which she has been lately) we're in for a bad couple months.

Basically she downgraded estimates on financals and increased expected write downs. ...dividend cuts, everything...
guess we'll see.
 
That was a really good interview and I agree that if she is correct 90% of all the analysts that called a bottom in the market may have to rethink but then again it may turn out completely different.

I think she is pretty smart though.


P.S. Anyone has the link to the interview? I wanna listen to it again bc I missed the first few minutes
 
She's lowballing the w/downs. Remember, as the boys will tell you, they are 'write downs' not 'offs'. We can write them up later."

That's like saying, 'see this stock at 100? I had it at 20." And he doesn't mention he sold it into a margin call at 2. They aint' gonna be around to write up. As as far as 'off' goes, the first name is 'Jack".
 
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