Meredith Whitney Opines On Banks & The Credit Markets
Meredith Whitney is appearing as a guest host on Squawk Box this morning and below are some of Meredith’s thoughts on the banks and credit markets. We need solutions now and worry about regulatory changes later. Whitney said smaller banks…
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We need solutions now and worry about regulatory changes later.
Whitney said smaller banks have to grow their originations.
Meredith said mark-to-market won’t solve the problem.
Banks will start to assets sell off, bringing asset values down, but less bad stuff will be left on banks’ balance sheets.
Whitney doesn’t think this year will be any different than last year.
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