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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