Wednesday, March 26, 2008

Analyst Meredith Whitney Projects $13.1 billion in Write-Downs for Citi

by Bill McBride on 3/26/2008 11:20:00 AM

From Bloomberg: Citigroup Estimates Cut by Oppenheimer's Whitney

Whitney predicted the bank will lose $1.15 a share in the quarter because of potential markdowns of $13.1 billion on assets including leveraged loans and collateralized debt obligations.
Hopefully there will be no death threats for Ms. Whitney this time.