News

Meredith Whitney (Advisory Group) Has Packed It In

…Meredith Whitney the person, however, is nowhere near finished here. For those fearing the closing of the Dollar Dominatrix’s brokerage shop meant the end of MW in your life: fear not. The woman who haunts Vikram Pandit’s dreams will never leave you.

Meredith Whitney Securities LLC ended its registration with the Financial Industry Regulatory Authority on Aug. 28, Finra’s website shows. In addition to her advisory firm, she’s now chief investment officer and managing principal of a long/short fund, according to regulatory records that list Kenbelle Capital LP among her ventures. Whitney, 43, registered Kenbelle with New York state’s corporations division in April. It’s an investment manager to a partnership based in Bermuda, according to a legal notice in a newspaper there. A push into funds would add another twist to her career. She left Oppenheimer & Co. to start Meredith Whitney Advisory Group LLC in 2009, buying the brokerage that year with plans to expand into trading. She predicted a U.S. municipal-bond apocalypse in 2010 that hasn’t materialized, also saying she would hire hundreds for a bond-ratings service. Whitney didn’t return calls to her Madison Avenue office.

[Bloomberg]

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25 Responses to “Meredith Whitney (Advisory Group) Has Packed It In”

  1. Quant me maybe ... says:

    Meredith's look says I want to lick Muffy Aston.

    Muffy's look says bring it on bitch.

    -> go ahead toggle between the two pictures, you'll see it. It'll hurt, but you'll see it.

  2. DingALing says:

    aw man. Ol' Whit couldn't hang in long enough to see her municipal call come to fruition. That's a damn shame.

  3. guest says:

    Good for her. She did two things that 99% of people in finance won't even do one of: hung out her own shingle, and made a contrarian bearish call at considerable risk to her own money and reputation.

  4. Sheckyrection says:

    I would still nosh on her yummy bits….

  5. guest says:

    I don't think "Packed It In" means what you think it does.

    -B. Frank

  6. inlovewithpmco says:

    the second coming of Elaine Garzarelli? crash and burn

  7. Adam Smith says:

    Her predictions about muni problems were not that far off.Just because her default nos. made headlines doesn't mean she wasn't right about the issues.I am sure such a smart talent will be heard again.

    • Shooter McGavin says:

      Jon Corzine's predictions about his sovereign debt trade weren't off either. How'd that work out for him?

  8. HotKarl says:

    The definition of 'irony' would be if Puerto Rico announces a restructuring of its $50+b of debt tomorrow in the aftermath of Meredith Whitney Advisors shutting its doors.

  9. HotKarl says:

    Fucking amateur…

    – Tommy Belesis

  10. Patrick Bateman says:

    @1stworldanalyst

  11. Badgold says:

    Packed it in => went bankrupt before the munis

  12. guest says:

    Tragic. Pink slips for the 1.5 employees.

  13. Guest says:

    WWF can now hire a new star. Mere, how does The Earnings Thrasher sound for a stage name?

  14. John Paulson says:

    We should do a photo shoot together.

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