Meredith Whitney

Quick Facts

Full Name	Meredith Whitney
Occupation	Financial Analyst
Date Of Birth	Nov 20, 1969(1969-11-20)
Age	55
Birthplace	New Jersey
Country	United States
Horoscope	Scorpio

Meredith Whitney Biography

Meredith Whitney is one of the most popular and richest Financial Analyst who was born on November 20, 1969 in New Jersey, United States. Meredith Ann Whitney, born November 20, 1969, is an American businesswoman who Bloomberg calls “The Oracle of Wall Street”. Her success in forecasting the problems of Citigroup and other banks during the 2007-2008 financial crisis is what made her famous.

Whitney’s bearish views on banks got her featured on Fortune magazine’s August 18th 2008 cover. She said that she felt like she was at the center of the worst financial crisis in history, even before Merrill Lynch and Lehman Brothers’ September problems. Fortune named her one of the “50 most powerful women in business” that year. The New York Post also listed her as one of the “50 most powerful women in New York City”. A CNBC viewer poll voted her “Power Player Of The Year” over Hank Paulson, Jamie Dimon, and Ben Bernanke.

On December 19, 2010, in an interview on the CBS television program 60 Minutes, Whitney stated that 50 to 100 counties, cities, and towns in the United States would have “significant” municipal bond defaults totaling “hundreds of billions” of dollars, and that “it’ll be something to worry about within the next 12 months.” Since the record amount of municipal bond defaults in one year was just over $8 billion at the time, Whitney’s comments about hundreds of billions in defaults briefly shook the market and drew a great deal of attention, much of it critical. According to Michael Lewis in Vanity Fair: “Many of the articles attacking her accused her of making a very specific forecast — as many as a hundred defaults within a year! — that failed to materialize… But that’s not at all what she had said: her words were being misrepresented so that her message might be more easily attacked. ‘She was referring to the complacency of the ratings agencies and investment advisers who say there is nothing to worry about,’ said a person at 60 Minutes who reviewed the transcripts of the interview for me, to make sure I had heard what I thought I had heard. She says there is something to worry about, and it will be apparent to everyone in the next 12 months.”

“A tale of two Americas is emerging: one weighed down by debt and facing de minimis economic growth and another brimming with opportunity and nimble to invest in the future.” This was the thesis to Whitney’s 2013 book, Fate of the States: The New Geography of American Prosperity. She argued that a “new map of prosperity” was emerging in the wake of the financial bust, with jobs moving away from the coasts and toward 17 “central corridor” states in the Midwest and Mountain West.

Whitney published a pessimistic but precise research report on Citigroup, October 31, 2007. This was read by many Wall Street analysts and news media. Whitney noted that the bank’s dividends to investors were higher than its profits at that time and suggested that this could lead to bankruptcy. Charles Prince, the bank’s CEO, resigned shortly after the publication of the report. Citigroup stock dropped sharply and his successor cut the dividend. Forbes magazine had earlier that year listed Whitney as the second best stock picker in capital-market investing. In early 2009, Citigroup stock lost 97% of its value.

Meredith Whitney Net Worth

Meredith Whitney is one of the richest Financial Analyst from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Meredith Whitney 's net worth $5 Million. (Last Update: December 11, 2023)

Whitney was born in Bethesda (Maryland). After graduating from Madeira School, Whitney attended Lawrenceville School for a post-graduate program. She was a member the first co-ed graduating class. Brown University awarded her a B.A. in 1992. She received honors. History.

Whitney married John Layfield on February 12, 2005 in Key West, Florida. Layfield is an ex-WWE Champion, former WWE color commentator and fellow Fox News Channel contributor.

Whitney joined Oppenheimer Holdings in 1993 as a Director, and in 1995 she joined the company’s Specialty Finance Group. In 1998, she left Oppenheimer to become an Executive Director at Wachovia. Whitney returned to Oppenheimer in 2004, where she researched banks and brokers as a Managing Director. She resigned from Oppenheimer on February 19, 2009 to establish her own firm, Meredith Whitney Advisory Group (MWAG), where she produced company-specific equity research on financial institutions and analyzed the sector’s operating environment.

Height, Weight & Body Measurements

Meredith Whitney height Not available right now. Meredith weight Not Known & body measurements will update soon.

Who is Meredith Whitney Dating?

According to our records, Meredith Whitney married to John Layfield. As of December 1, 2023, Meredith Whitney’s is not dating anyone.

Relationships Record : We have no records of past relationships for Meredith Whitney. You may help us to build the dating records for Meredith Whitney!

Facts & Trivia

Meredith Ranked on the list of most popular Financial Analyst. Also ranked in the elit list of famous people born in United States. Meredith Whitney celebrates birthday on November 20 of every year.