Monday, August 4, 2008

Meredith Whitney

Meredith Whitney was on CNBC this morning. Very interesting as always. One thing she said that I thought was really insightful was that one sign that the market has turned is when banks start raising equity capital for growth. That is essentially what equity capital is meant for. It is unprotected capital. It is meant to fund risk and growth. When this start happening things may have turned. Interesting perspective.

Part 1

Part 2

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