1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4624) 

Meredith Whitney - Detroit Aftershocks Will Be Staggering

July 25, 2013 | About:


Meredith Whitney thinks there are five more towns like Detroit in Michigan alone.

Additionally she believes that there are many more municipalities across the country in similar positions.

Whitney thinks Detroit's bankruptcy decision will make it easier for others to follow and make the unpopular decision.

Whitney who a couple of years ago predicted a wave of municipal bond defaults which never happened discusses the issue in depth in the video below:



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 2.0/5 (1 vote)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


jpraschnikGreenblatt - Magic Formula
soho_analogBuy%20Back%20rate
pbarker46Shiller PE
wwygeraBuying #1
dwilsherBuy Back rate
rafamarferFundamentals
psinghppm(EV/MC)+(P-50)_gbl
valueinvestment101-Industry
maurits_halimPBV based good companies (IDX)
maurits_halimPBV based good companies (Japa
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK