Meredith Whitney: 'I Haven't Been This Bearish in a Year'

by: Rolfe Winkler, CFA

Bartiromo asks some good questions, including “Are banks adequately capitalized today?”

“No way,” says Whitney.

She adds: “I don’t know what’s going on in the market right now ‘cuz it makes no sense to me.” The fundamentals aren’t there.

(ht Alexis N.)