good lord its the running of the bulls, page-29

Takuan, MM --Meredith Whitney I presume you refer to--has unfortunately gained such prominence on one correct call that she now has superpower to make self-fulfilling prophecies.

She was right on Citibank, and in December she set the pigeons scurrying with her contentious prediction that municipal bonds will default.

Just some brief research and you find that Citi aside, every prediction she has made in her path to self-promote has been wrong. Wrong.

Double-dip US recession- wrong
Bleak oulook for stocks in 2010 -wrong
House prices will fall another 30% -wrong

Not saying that she necessarily will be right or wrong on Municipal bonds, but it is wrong to attribute prescient power to her on the basis of ONE (lucky) call on Citi.

Do your own research on how she stacks up, or look at this person's :

http://investingcaffeine.com/2009/11/23/meredith-whitney%E2%80%99s-cloudy-crystal-ball/