Meredith Whitney News
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Meredith Whitney, chief executive officer of Meredith Whitney Advisory Group, says her book, "Fate Of The States" was written to help Americans understand the severity of the credit crisis. Whitney talks with Bloomberg's Pimm Fox and Carol Massar on Bloomberg Radio's "Taking Stock."
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Lawrence Schloss, New York City's chief investment officer and deputy comptroller for pensions, says 8 percent return is possible for pension plan holders. Schloss talks with Bloomberg's Tom Keene and Sara Eisen on Bloomberg Radio's "Bloomberg Surveillance." Guest Host Meredith Whitney, analyst and chief executive officer of Meredith Whitney Advisory Group also joins the discussion. (Source: Bloomberg)
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Wall Street has contributed less than 2 percent of New York City’s job growth since the recession ended as cost-cutting efforts have led banks to replace fewer positions than other businesses.
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As a junior trader at the now-defunct hedge-fund company Galleon Group LLC, Turney Duff was surprised by how eagerly he was courted by securities-firm salesmen.
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We’re all moving to North Dakota.
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Investor confidence in U.S. municipal debt is the highest in three years even as Moody’s Investors Service warns that local-government credit quality is set to weaken for the 18th straight quarter.
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California, the most populous U.S. state, isn’t likely to see a wave of cities defaulting on payments to municipal bond holders, according to a study sought by Treasurer Bill Lockyer’s debt and advisory commission.
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Individual investors fleeing the $3.7 trillion U.S. municipal-bond market at the fastest rate since 2011 are doing so at their own peril. Local debt has logged gains for five straight years in the month of May.
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Job cuts on Wall Street will be a “continued slow bleed” after the industry trimmed hundreds of thousands of positions in recent years, said Meredith Whitney, a banking analyst and chief executive officer of Meredith Whitney Advisory Group.
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“There’s not a doubt in my mind that you will see a spate of municipal-bond defaults,” the banking analyst Meredith Whitney , nodding her head, said on a Dec. 19 segment of CBS Corp.’s “60 Minutes.”
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