Municipal Bond Forum
One-hit wonder?
Q
Meredith Whitney, the banking analyst who is predicting massive defaults, is like Nouriel Roubini (the economics professor): She got one call right — just one — and now she thinks she’s a genius and an expert on everything. She’s better than Roubini, but that’s like saying the 1963 Mets were better than the 1962 Mets.
A
James A. Klotz responds:
You are right on the money, but Casey and the ’62 Mets were a lot more fun.
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