Wednesday, June 11, 2008

Meredith Whitney Interview

http://www.cnbc.com/id/15840232?video=768078578&play=1
Great interview with Meredith Whitney. She points out that Lehman is now trading at below tangible book which may mean it is close to bottoming (at least in the interim) unless there are liquidity issues I do not know about. I sort of doubt it with the fact they just raised several billion but who knows.

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