Tuesday, June 28, 2011

Muni Defaults Still Coming, But Timing Unclear: Whitney - CNBC

Muni Defaults Still Coming, But Timing Unclear: Whitney - CNBC
With the clock ticking on her prediction that scores of municipalities would default on their bonds, analyst Meredith Whitney both amped up the rhetoric and backed off on the timing for her highly controversial call.
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I gather that many people think she is wrong about this, but it does seem possible that if this sort of thing got started, it could take on momentum.

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