municipal bonds

Meredith Whitney came under fire recently when she predicted that 50 to 100 municipal bonds could default. This morning, she responded to her critics on CNBC. First and foremost, Whitney pointed out that many congressmen are saying the same thing. Michigan, in particularly, has said that many...

On CNBC this morning, banking analyst Meredith Whitney spoke about the possibility of J.P. Morgan (NYSE: JPM) and other large banks' ability to pay out dividends, and how soon that day may come. The interesting thing, she said, is that these banks have a choice. But the choice they should make has...