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Five years after Meredith Whitney made a name for herself when she said Citigroup (C) was...

Five years after Meredith Whitney made a name for herself when she said Citigroup (C) was plagued with toxic subprime mortgages, she still hates the stock: "They don't have any earnings power... They're investing in a lot of regulatory processes, but it's like the old broken-down house. You have to put so much money in to get to a modern equivalent of a new house." (earlier)
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Comments (3)
  • DeepValueLover
    , contributor
    Comments (10113) | Send Message
    Whitney is the "Sixpence None the Richer" of analysts...


    She had a huge hit a few years ago and since then...nothing.
    14 Mar 2012, 06:00 PM Reply Like
  • LukkiC
    , contributor
    Comments (86) | Send Message
    Meredith Whitney needs a new BRAIN !! She knows nothing !!
    When I see her on CNBC, I change to FBN. Whitney makes me sick to my stomach !! If CNBC pays her anything, CNBC is getting ripped off !!
    Also, Citigroup is a Buy, Buy, Buy !! $ 65 by end of 2013.........
    14 Mar 2012, 06:10 PM Reply Like
  • WisPokerGuy
    , contributor
    Comments (1121) | Send Message
    Although I agree that Citi is a "buy", the time is getting short for them to start putting something together to make that recommendation not look like anything more then wishful thinking. Citi has been a buy candidate since it was at $1.00 and change back in 2009, but their management hasn't seemed to be able to get out of it's own way for the last couple of years. Stress test failures. Reverse stock spilt (gimmick). And endless talk about how well they are doing without any tangible results in the stock price.


    Tic Toc Mr. Pandit.
    15 Mar 2012, 12:27 AM Reply Like
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