She is one of the few bank analysts, which had sell ratings on all of the banks before they declined significantly in 2008.  Her argument is that banks are ill prepared for an unemployment rate of 10%. 
“No bank underwrote a loan with 10 percent unemployment on the horizon,” Whitney said. “I think there is no [...]

The action of the spin (stock) market last week ended July 17th was very disconcerting.  In my 32 years in the stock market I can-not recall any time in which the major indices were completely driven by media spin on the announcements and news reports that they took out of context.  Those who relied on [...]