Meredith Whitney – Net Worth 2023, Age, Height, Bio, Birthday, Wiki!

Biography

Meredith Ann Whitney (born November 20, 1969) is an American businesswoman hailed as “The Oracle of Wall Street” by Bloomberg. She is understood for efficiently forecasting the difficulties of Citigroup and different main banks throughout the monetary disaster of 2007–2008. Whitney joined Oppenheimer Holdings in 1993 as a Director, and in 1995 she joined the corporate’s Specialty Finance Group. In 1998, she left Oppenheimer to turn out to be an Executive Director at Wachovia. Whitney returned to Oppenheimer in 2004, the place she researched banks and brokers as a Managing Director. She resigned from Oppenheimer on February 19, 2009 to ascertain her personal agency, Meredith Whitney Advisory Group (MWAG), the place she produced firm-particular fairness analysis on monetary establishments and analyzed the sector’s working atmosphere..

Whitney issued a very pessimistic, however correct, analysis report on Citigroup on October 31, 2007, to which many Wall Street analysts, and the information media, paid consideration. She famous that the financial institution’s dividends paid out to buyers had been higher than its earnings on the time, and made the case that this is able to result in chapter. Shortly after the report’s publication and a pointy drop in Citigroup’s inventory, Charles Prince resigned because the financial institution’s CEO and his successor slashed the dividend. Earlier that 12 months, Forbes journal had listed Whitney because the second-finest inventory picker within the capital-market business. Citigroup inventory went on to lose 97% of its worth by early 2009.

On December 19, 2010, in an interview on the CBS tv program 60 Minutes, Whitney said that fifty to 100 counties, cities, and cities within the United States would have “vital” municipal bond defaults totaling “tons of of billions” of {dollars}, and that “it’ll be one thing to fret about inside the subsequent 12 months.” Since the file quantity of municipal bond defaults in a single 12 months was simply over $8 billion on the time, Whitney’s feedback about tons of of billions in defaults briefly shook the market and drew an excessive amount of consideration, a lot of it essential. According to Michael Lewis in Vanity Fair: “Many of the articles attacking her accused her of constructing a really particular forecast — as many as 100 defaults inside a 12 months! — that didn’t materialize… But that’s by no means what she had mentioned: her phrases had been being misrepresented in order that her message is likely to be extra simply attacked. ‘She was referring to the complacency of the rankings companies and funding advisers who say there may be nothing to fret about,’ mentioned an individual at 60 Minutes who reviewed the transcripts of the interview for me, to ensure I had heard what I assumed I had heard. She says there’s something to fret about, and it will likely be obvious to everybody within the subsequent 12 months.”

QUICK FACTS
Date of Birth November 20,
1969
Age 53 years, 2 months, 19 days
Place of Birth Summit
Country United States
Profession Financial Analyst
Horoscope Capricorn

You might learn full biography about Meredith Whitney from Wikipedia.

Father Not Available
Mother Not Available
Siblings Not Available
Spouse John Layfield
Children(s) Not Available

Height, Weight & Body Measurements

Meredith Whitney’s height Not accessible right now. Meredith weight Not Known & physique measurements will replace quickly.

Height Unknown
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Meredith Whitney Net Worth

Meredith is without doubt one of the richest Financial Analyst & listed on hottest Financial Analyst. According to our evaluation, Wikipedia, Forbes & Business Insider, Meredith Whitney‘s net worth $5 Million.

Net Worth $5 Million
Salary Under Review
Source of Income Financial Analyst
Cars Not Available
House Living in personal home.

Whitney grew up in Bethesda, Maryland. She graduated from Madeira School in 1987 earlier than attending a put up-graduate 12 months at Lawrenceville School, turning into a member of its first co-ed graduating class. She graduated with honors from Brown University in 1992 with a B.A. in History.

Facts & Trivia

Meredith Ranked on the checklist of hottest Financial Analyst. Also ranked within the elit checklist of well-known superstar born in United States. Meredith Whitney celebrates birthday on November 20 of yearly.

Meredith Whitney Husband

According to our information, Meredith Whitney married to John Layfield. As of January 12, 2023, Meredith Whitney’s isn’t dating anybody.

Relationships Record: We don’t have any information of previous relationships for Meredith Whitney. You might assist us to construct the dating information for Meredith Whitney!

Ethnicity, religion & political beliefs

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“A story of two Americas is rising: one weighed down by debt and dealing with de minimis financial progress and one other brimming with alternative and nimble to take a position sooner or later.” This was the thesis to Whitney’s 2013 e book, Fate of the States: The New Geography of American Prosperity. She argued {that a} “new map of prosperity” was rising within the wake of the monetary bust, with jobs shifting away from the coasts and towards 17 “central hall” states within the Midwest and Mountain West.

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