Here's the Meredith Whitney interview from CNBC yesterday that has Jim Cramer so upset.
In fact, Cramer was so miffed by Whitney's bearishness that he called her "an embarrassment." in his most recent piece.
Even still, the markets did manage to peak yesterday when Whitney let on that she hasn't been this bearish in a year....
As usual, Meredith makes total sense.
By the way, According to a TransUnion report released today, 6.25% of all home loans are past due 60 days or more. That's up 58 percent from 3.96 percent a year ago.
What's more, TransUnion expects delinquency to rise to just short of 7 percent for the fourth quarter, compared with 4.6 percent for the 2008 fourth quarter.
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Make 171% as New Gov't Agency Seizes Power Grid
Stronger and more feared than the IRS, FBI -- even the U.S. Department of Homeland Security...
This radical jack-booted agency has one single mission: to enforce new energy policies.
With a budget of $30 billion, this powerful shadow-branch is systematically eradicating old energy technologies and awarding lucrative contracts to companies of their choice.
Luckily, we know the companies about to get the dough... making their shareholders a fortune. It's all in this new report.
