Is there some sort of rules that says if you cut earnings you must tell people why? If so MDubs is changing them a little bit. She'll slash and let you know her thinking when she gets around to it, maybe. Why? Because she's the Dollar Dom and she can do WHATEVER SHE WANTS!
Meredith Whitney slashed her first quarter earnings estimate for Morgan Stanley Thursday, knocking estimated earnings per share to 35 cents from 59 cents. Reasons for the cut remained unclear; a copy of the note obtained by CNBC offered little supporting evidence for Whitney's revised conviction on the mega-bank.