Meredith Whitney's Longstanding History Of Publicly Humiliating Men Well Over 6 Feet Tall

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We all know CIBC analyst downgraded Citi to market underperform, predicted the bank would be forced to cut its dividend and sell its most valuable assets, and called for erstwhile chief executive Chuck Prince to be unceremoniously thrown out on his ass in an October report that earned Whitney her first death threats and had Mike Mayo muttering (through tears) to himself, "I wish I had balls like that," but apparently it wasn't the first time Mer chose to perform a bilateral orchiectomy with an audience watching. Whitney's husband, former football player and pro-wrestler John Layfield, AKA "Death Mask," recalls for BusinessWeek how he first fell for the girl, when they were guests on Fox's Bulls and Bears in August 2003, discussing the future of Citigroup. He was the bull, she was the bear:

"She asked me why you would want to own a financial stock during a time of rising interest rates, and she was right. She humiliated me on national TV...[we] were married in February, 2005."

What an awesome biatch! Carney thought to himself when he read the anecdote this morning in a little locked room. But we needed some assurance that these weren't two isolated incidents. Whitney's appearance (via phone) earlier today on Bloomberg TV provided that affirmation. How does she feel about Abu Dhabi's $7.5 billion, 4.9 percent investment in Citi? Not good! "$7.5 billion is not enough money by a longshot," Whitney told BTV. "Not enough, too late...[Citigroup] needs at least $30 billion dollars...[this injection] only partially mitigates the $11 billion charge in the 4th quarter. Citigroup needs to sell off better assets at a discount and cut their dividend [in order to deal with, among other things, the fact that C] has the single highest exposure to high LTV ratio mortgages, and the [imminent] default rates on those loans, which will be alarming."
No idea what she's talking about but loving that 'tude (JC's abbrev.).
Earlier: Some Analyst Love
The Analyst Who Rocked Citi [BusinessWeek]

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Meredith Whitney Cannot Stress Enough How Little She Thinks Of Citigroup

Meredith Whitney is a banking analyst made famous by Citigroup downgrading Citigroup in late October 2007, saying that the bank was facing a $30 billion capital shortfall and later telling the press "Citigroup is in such a mess Stephen Hawking couldn’t turn this company around.” In the years since she's had less than flattering things to say about the firm and as recently as March 14, 2012, told CNBC that Citi "has no earnings power, isn't going to grow, hasn’t been investable in four years" and "is like an old broken-down Victorian house." (In the same interview, she told Maria Bartiromo that the only way she'd change her mind about the big C would be if she received "a new brain.") So it probably surprised a few people when, earlier this month, she upgraded the bank. But please, do not get the mistaken impression that she's suddenly in love with the place or has developed any feelings for it whatsoeverWhile her latest move was seen as an endorsement of Citi, Whitney said not to read too much into the call. "It certainly doesn't mean I'm running into the loving arms of Citigroup or I've become bullish on Citigroup. What it means is I don't see any near-term negative catalyst for the company," she said. "In the collective it's not that interesting of a stock." Ya hear that, Citi? Not if you were the last two people on earth! Whitney 'Wildly Bullish' on Certain US Markets, But... [CNBC]