Monday, June 21, 2010

The Queen

In the fall of 2007 I met a girl.

I woke one morning in my uptown apartment to her sweet voice.  She was in the middle of a conversation with a gentleman named Charlie Gasparino.  She was explaining to him how the investment banks, the darlings of the universe, were on the verge of massive losses.

She downgraded a company that week named Citigroup, which was the largest of these Wall Street darlings.  The stock at the time was trading just under $50.  Today it trades around $4, and is only above $0 because it has been nationalized by the government.

Her name is Meredith Whitney, and this morning I heard her sweet voice again.

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