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Wire: BLOOMBERG News (BN) Date: Jan 22 2010 8:05:45
Whitney Says ‘Our Bet’ is That Obama Bank Plan Will Go Through
By David Merritt
Jan. 22 (Bloomberg) -- Meredith Whitney, the analyst known
for predicting Citigroup Inc.’s dividend cut in 2008, is betting
that U.S. President Barack Obama’s proposals to limit risk-
taking at banks will be implemented.
“Out bet: this goes through and it will not be pretty for
banks or consumers,” Whitney wrote in the headline of a report
dated yesterday
Whitney Says ‘Our Bet’ is That Obama Bank Plan Will Go Through
By David Merritt
Jan. 22 (Bloomberg) -- Meredith Whitney, the analyst known
for predicting Citigroup Inc.’s dividend cut in 2008, is betting
that U.S. President Barack Obama’s proposals to limit risk-
taking at banks will be implemented.
“Out bet: this goes through and it will not be pretty for
banks or consumers,” Whitney wrote in the headline of a report
dated yesterday
