Meredith Whitney Defecates All Over Everybody
She’s been saying it for a while but Meredith “Take No Prisoners Unless You Plan To Waterboard Them” Whitney just reiterated on CNBC that everyone sucks, imploring you to short Merrill, Citi, and UBS. She also noted that the banks are probably going to be looking at $70 billion in writedowns before adding icily (in my fantasy), “and that is a wildly restrained estimate on my part.” And of the chosen ones, she said: "They are suffering from their own success," which you might’ve been thinking to yourself but didn’t have the Whitney brand brass to put out there. Love her! (Big W concluded her report by saying, “Because you, Goldman Sachs, you've been on top too long. It's time for the Whitney Express to take you down!” She then threw down her microphone and stormed off, to which Gorilla Monsoon replied, “Goodnight, Irene.”)*
(A word of warning to the 85 Broad Mafia who may be considering retribution: If this saucy minx can take down a guy from the WWF, I think she can handle herself against a bunch of paper-pushing, numbers-fudging bitches.)
More Write-Downs Ahead? [CNBC]
Goldman Accelerates Layoffs As First-Quarter Woes Mount [Dow Jones]
*Little wrestling humor for you. You're welcome.