Meredith Whitney Still Dead Wrong on Munis

As noted by David Kotok’s CA firm, today marks the one-year anniversary of Meredith Whitney‘s appearance on “60 Minutes,” when she predicted the apocalypse in the muni market. Last fall, Ms. Whitney, the analyst who rose to prominence by calling Citi’s (C) 2008 dividend cut, predicted “between 50 and 100 ’significant’ municipal bond defaults in [...]