enrique

Number of U.S. Homes With Negative Equity Is Stunning

hey todd,

where is that chart from? its truly ugly

Could Citi's Deal Signal a Turnaround?

what loans are they selling? the good ones, implying they are keeping the crap...or are they selling the crap and keeping the good ones....or a blend.....i have not seen details but, to me anyway, that is one of the most important questions related to this transaction....

As Financials Crumble, Meredith Whitney Pumps Up PR Machine

its really a no lose proposition for whitney. she gained notoriety making the C call in 2007. people will remember that for a long time. she knows this, thus has stepped up on the soapbox to gain more attention by warning of more to come, with eyepopping amounts. if she's wrong, and i think she will be (by the amount, not the direction), people will forget the latest calls but they will not forget the initial C call that got her purty-lil-mug on TV.

Right now, she's strategizing for the next contract, TV, Wall Street or otherwise...so its hard to take her too seriously.

but i have to admit, i would like to see more of her....but this blog is not suitable for that discussion!

I'm on Meredith Whitney's Side

i think she is overstating the duress a bit, but directionally she may be on the mark. but given how hot she is, i can forgive her.....