• 16 Jul 2008 at 4:58 PM

Meredith Whitney Ingratiates Herself To Wachovia Chief

By Bess Levin

Dollar Dominatrix Meredith Whitney has probably not made a lot of friends with her sack-rippingly bad reports. Merrill Lynch CEO John Thain, always up for a heel in his ass, is not much of a fan of the Oppenheimer analyst, and Citi CEO Vikram Pandit, who likes everyone, refers her to as “that devil woman” in mixed company. One pal she’s probably made via downgrade is new Wachovia CEO Robert Steel. Apparently Steel’s options were priced yesterday, the same day Whitney downgraded the stock to underperform. And now the timing of this morning’s marshmallow company morale building exercise–and the subsequent sixteen percent jump in stock price– makes perfect sense.

Comments (11)

  1. 1
    Posted by guest | July 16, 2008 at 5:08 PM

    Awesome, this guy sells a building his first week at a 41mm dollar loss then he gets his options priced around 8 bucks…

  2. 2
    Posted by guest | July 16, 2008 at 5:18 PM

    Hysterical

  3. 3
    Posted by guest | July 16, 2008 at 7:05 PM

    whitney is pressing the do not come line a little too long here.
    she should cash in, ask for a suite and have the floor boss send up a couple of quality hookers to the room.

  4. 4
    Posted by guest | July 16, 2008 at 10:18 PM

    She’s the Elaine Garzarelli of the 2000′s

  5. 5
    Posted by guest | July 16, 2008 at 10:43 PM

    ok, so Whitney is a former CIBC-er, which by default means that she really has no clue about what’s going on!

  6. 6
    Posted by guest | July 16, 2008 at 11:47 PM

    Options were priced low because another equity capital raise is coming, after which share price will drift back down. Whitney used to work at Wachovia, BTW.

  7. 7
    Posted by guest | July 17, 2008 at 5:33 AM

    i’d still hit it.

  8. 8
    Posted by guest | July 17, 2008 at 7:31 AM

    sack rippingly bad…
    choked on my coffee!

  9. 9
    Posted by guest | July 17, 2008 at 9:07 AM

    are there any pictures of bess or is she just carney in drag? she writes like a guy.

  10. 10
    Posted by guest | July 17, 2008 at 9:11 AM

    bess and some chick about to make out: http://tinyurl.com/5cvjql

  11. 11
    Posted by guest | July 17, 2008 at 9:46 AM

    which one is she?

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