Meredith Whitney predicts "50-100 sizable defaults," while S&P's Robert Prunty is...

|By:, SA News Editor

Meredith Whitney predicts "50-100 sizable defaults," while S&P's Robert Prunty is "comfortable" with the state of the muni market. On the ground, New Jersey Gov. Chris Christie suggests one step toward avoiding Whitney's forecast. To his state's public sector unions: "You can boo me now, but... if you don't partner with me to get [pension reform] done, in 10 years you won't have a pension."