Apparently she’s “rebuffed” their advances so far but they’re planning to persevere.
The subcommittee, headed by Congressman Patrick McHenry, R-NC, has launched a broad investigation into the struggling market for debt issued by states and cities to determine, among other matters, whether states should be able to declare bankruptcy amid widespread fiscal woes, particularly in the Northeast, and exactly what has caused a sharp decline in prices in recent months.
As part of this inquiry, the subcommittee is looking into the validity of Whitney’s call made on national television that predicted between 50 and 100 major municipal bond defaults over the coming year, which would cost investors hundreds of billions of dollars in losses. The call sparked massive panic among small investors — the largest purchasers of muni bonds — because of the tax advantages. McHenry told FOX Business the subcommittee called Whitney to get to the bottom of the debate. “We want her to fill out her views one way or another,” he said.
But Whitney has so far rebuffed the committee’s attempts to have her appear at the hearings scheduled for February 9, and there is talk on the committee about subpoenaing her to appear, as well as subpoenaing her to produce her controversial report on municipal bonds.
They sound needy and neurotic. I’d rebuff them too.
She does not like to be seen on CSPAN.
Just saying!
She does not like to be seen on CSPAN.
Just saying!
She does not like to be seen on CSPAN.
Just saying!
You don’t “invite”, “ask” or even “subpoena” Mistress Whitney to appear before your subcommittee. You beg on your knees like the worthless peons you are.
Also, serve cake.
You don’t “invite”, “ask” or even “subpoena” Mistress Whitney to appear before your subcommittee. You beg on your knees like the worthless peons you are.
Also, serve cake.
-Look at it, dude. You’re not offering any fabulous prizes. You have to offer fabulous prizes if you want people to show up for your stupid crap. Here.
-”Free hat?”
-Yeah, if you offer free hats, maybe MW will show up.
She should not have said CA bonds are like a put on steroids
So how many broads are they investigating? Is it just MW or are there others?
who could concentrate on her testimony when she’s packin’ those strong, sinewy hands?
I tried to rebuff myself once, but i read something on the internet about removing ribs, and….well thats just not worth it.
A face only a pro-wrestler could love.
This is just like HUAC. She’s gonna get blacklisted!
Let’s see….sell a research “product” for $100,000/yr to various institutions (check)
deliver said research in September (check)
wait (check)
go on national television at year end when balance sheets are shrinking and yell loudly that your well researched and previously disseminated report shows you alone know the answer (check)
watch in amusement as the retail investor in this asset class says “Hey, we’re losing all our damn money, and Christmas is around the corner, and I ain’t gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain’t gonna f… my wife ain’t gonna make love to me if I got no money!” So they’re panicking right now, they’re screaming “SELL! SELL!” to get out before the price keeps dropping. They’re panicking out there right now, I can feel it. (check)
well done Meredith – I hope they remove your securities licenses
Read an article which states that she is looking for starting her own National Rating Agency (like, S&P/Moody’s). I think, this kind of exposure may help her persue her goal of getting that started.
http://itradelikeapro.com
wtf are these guys doing… they are not supposed to do anything until after the bond issuers have defaulted and billions have been lost…
She shouldn’t worry about that, nobody watches CSPAN.
http://pdfcast.org/pdf/whitney-muni-report
well that’s one way to get free research
Right before the investigation was launched, the committee chair was overheard saying, “Motherfucker! That douchebag Jamie Dimon told me to put all my money in muni bonds! But how could he lie to me? Erin Burnett told me he was soooo dreamy.”
Don’t they have to fork over the $100k for this privilege?
DB = Meredith Whitney blog
Speak with Meredith about Munis?
Who’s gonna talk to her about hair and make-up?
Botox?
Hormone therapy?
The smirk says “Ha…you want $230k?” but the eyes say “You look like your hung like a rhino so how does $250k sound?”.
“we want her to fill out…” uh, a little late there?
HAT DIDN’T DO IT
Step 1: MW calls the politicians on their contiued failures to address budget shortfalls in a sustainable way, and their long-standing preference for borrowing (via munis, underfunded pension obligations and similar). Point out what appear to be the unavoidable consequences of said failures.
Step 2: The public becomes concerned (at least temporarily until the next season of Biggest Loser Idol: The Dancing & Dating Game) by an issues that there otherwise feeble minds could never have comprehended, thereby removing the veil of stupidity and disengagement that the politicians count on as part of their contract with America. Voters demand answers and the emperor appears to have no clothes.
Step 3: A subcomitte of congresscritters (i.e. what the government does when it wants to look like it’s addressing a problem without actually making any of the difficult and necessary decisions that might ruffle voters’ feathers) compells MW to come before them and explain herself, presumably under the guise that her report is the reason the market for SLG debt is struggling as opposed to decades of politicans spending money like drunken sailors on shore leave in an attempt to ensure that re-election by providing voters with things we don’t need (such as bridges to nowhere), things that don’t work (the war on drugs), and things we simply can’t afford (like new mulit-million dollar high school buildings for school districts that never have and never will graduate more than 50% of incoming freshman).
Almost hard to belive MW hasn’t chartered a private jet.
weaafd
Wow. It would be awesome if I could edit my comment to fix all of the spelling errors. Disqus+DB=FTW!
Not bad until the last sentence (which sucked). If her analysis is crap then show why its crap otherwise STFU.
Not bad until the last sentence (which sucked). If her analysis is crap then show why its crap otherwise STFU.
Anyone with an actual login- like you- can edit their comment.
I often wonder why ppl say such disrepectful things at DB about a way a woman looks … I think MW should be admired for her achievements rather than having a bunch of ppl having a useless go at her… quality of DB comments has changed over time. No wonder many of the old guys moved on or just read the DB and dont comment. Amen
Junior – problem with reading comprehension? Where does it say her analysis is crap? I think it is more of a temporal concept and two different investor classes that have levels of access . You must be into wrestling as well?
MW > CFA ?
MW > CFA ?
MW > CFA ?
Me – I’m hear to see Miss Whitney.
Hot receptionist – Mr. Hungright
Me – Yes. I’m her 11:00 a.m. appointment.
Guy wearing WWF outfit (white trunks and red boa)
Me – I’m hear to see Miss Whitney.
Hot receptionist – Mr. Hungright
Me – Yes. I’m her 11:00 a.m. appointment.
Guy wearing WWF outfit (white trunks and red boa)
Above all, a well written article