Comments on: Meredith Whitney’s Outlook on Banking http://www.senseoncents.com/2009/11/meredith-whitneys-outlook-on-banking/ Navigating the Economic Landscape Wed, 17 Mar 2010 00:14:24 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Mark G. http://www.senseoncents.com/2009/11/meredith-whitneys-outlook-on-banking/comment-page-1/#comment-7514 Mark G. Fri, 20 Nov 2009 15:15:22 +0000 http://www.senseoncents.com/?p=13074#comment-7514 "That easy money may continue to prop up the markets while the economy as a whole goes down the drain" .............. Prop up the markets until we see oil at $1-300 and food prices skyrocketing. Then Maestro jr. will be forced to raise rates causing further contraction as we end up with stagnant growth, expensive credit and a stronger dollar. “That easy money may continue to prop up the markets while the economy as a whole goes down the drain”
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Prop up the markets until we see oil at $1-300 and food prices skyrocketing. Then Maestro jr. will be forced to raise rates causing further contraction as we end up with stagnant growth, expensive credit and a stronger dollar.

]]> By: fiscalliberal http://www.senseoncents.com/2009/11/meredith-whitneys-outlook-on-banking/comment-page-1/#comment-7513 fiscalliberal Fri, 20 Nov 2009 14:29:44 +0000 http://www.senseoncents.com/?p=13074#comment-7513 Merideth seems to stick to bank stocks and I am not certain that that directly translates to the other stocks. I guess I can agree with her on the bank stocks as some time the government has to step back and stop the subsidies. Some where these banks need to stand on their own merits. The bankers have been use to the Greenspan cheap money bubble and the lack of Fed/SEC regulation, the bank management might not know how to manage risk. True the Fed and SEC are steping up in regulation, but that is not enough to overcome the incompetence at the heads of these institutions regarding risk management Merideth seems to stick to bank stocks and I am not certain that that directly translates to the other stocks. I guess I can agree with her on the bank stocks as some time the government has to step back and stop the subsidies. Some where these banks need to stand on their own merits.

The bankers have been use to the Greenspan cheap money bubble and the lack of Fed/SEC regulation, the bank management might not know how to manage risk. True the Fed and SEC are steping up in regulation, but that is not enough to overcome the incompetence at the heads of these institutions regarding risk management

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