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In this article from CNN, Meredith Whitney of Oppenheimer says more rightdowns are coming. She told Maria earlier in the day that the Lehman failure will cause more writedowns and a cascading effect. She was surprised that they fall wasn't more serious today, and expects that it will get much worse. Let's hope that she is wrong, but she has been right until now.

 

Submitted: Sep 15, 2008    Views: 678    Comments: 1    Likes: 0   


View Article: http://money.cnn.com/2008/08/04/news/newsmakers/whitney_oppenheimer...


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JRodgers

Here is the video:

http://www.cnbc.com/id/15840232?video=856915680&play=1

She says that it will get worse for the financials.

Posted: Sep 15, 2008



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