You’re either making money or you’re not. If you’re not making money get out of the business. Meredith Whitney Read Quote
You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that’s not what’s being done. Meredith Whitney Read Quote
There’s not a doubt in my mind that you will see a spate of municipal-bond defaults. Meredith Whitney Read Quote
Every day things get better because politicians are addressing the fiscal challenges more aggressively. Meredith Whitney Read Quote
Municipal debt outstanding doubled in the past 10 years. And in the past 30 years, the U.S. has been in real economic nirvana. Meredith Whitney Read Quote
The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that. Meredith Whitney Read Quote
You have to know what you own. You have to really do your homework in terms of knowing what supports your bonds. Meredith Whitney Read Quote
There are great municipal investments out there, but on a blanket basis you have to be really careful about knowing what cash flows are supporting your investments. Meredith Whitney Read Quote
People knew that Murdoch’s media estate in the UK was too powerful and it was doing very unpleasant things. Meredith Whitney Read Quote
