Meredith Whitney Biography
Meredith Ann Whitney is an American businesswoman called “The Oracle of Wall Street” by Bloomberg. She is a financial analyst who is renowned for accurately predicting the financial crisis of 2007–2008.
In 1993, she became a Director at Oppenheimer, and in 1995, she joined the company’s Specialty Finance Group. Whitney left Oppenheimer in 1998 to take a position as Executive Director at Wachovia. She later joined the company again in 2004 as Managing Director.
She left her position in 2009 and founded Meredith Whitney Advisory Group LLC. In 2013, she founded the hedge fund Kenbelle Capital LP. She rose to fame in 2007 after penning a negative report on Citigroup. In 2007, Forbes.com ranked her as the second-best stock picker in the capital markets sector, and the New York Post listed her as one of the 50 most powerful women in New York City.
Meredith Whitney Net Worth
Whitney has an estimated Net Worth of $10 Million according to Celebrity Net Worth. She has amassed a great fortune from being a business person.
Meredith Whitney Age
Meredith Ann Whitney was born on November 20, 1969 in Summit, New Jersey, United States. As of 2023 she is 53 years old.
Meredith Whitney Height, Weight & Body Measurement
Whitney stands proudly at a height of 5 feet 5 inches (1.65 meters or 165 centimeters), she exhibits an exquisite balance in his physique. Weighing approximately 55 kg (121 lbs), her body measurements are an enviable 34-28-38 centimeters.
Meredith Whitney Parents
Whitney grew up in New Jersey. We were unable to learn anything about her family because no such information is publicly available. As a result, Whitney’s parents’ identities remain unknown. It’s also unclear whether she has any siblings. When this information becomes available, we will update this area.
Meredith Whitney Husband
Whitney got married to John Layfield, a sportsman, on February 12, 2005 in Key West, Florida. Former professional wrestler Layfield also served as a color commentator for the WWE as a contributor to Fox News Channel.
Meredith Whitney Education
She graduated from The Madeira School and was a part of The Lawrenceville School’s first coed graduating class. In 1992, Whitney earned an honors degree from Brown University.
Meredith Whitney Career
On October 31, 2007, Whitney published an unusually negative but accurate research study on Citigroup, which attracted the attention of numerous Wall Street analysts and the media. She argued that the bank would go bankrupt since the dividends handed out to investors were higher than its profitability at the time. Charles Prince resigned as the bank’s CEO soon after the report’s release, and the dividend was drastically reduced by his replacement. Whitney had been ranked as the second-best stock picker in the capital-market sector earlier that year by Forbes magazine. By early 2009, Citigroup stock had lost 97% of its value.
Whitney predicted that 50 to 100 counties, cities, and towns in the US would experience “significant” municipal bond defaults totaling “hundreds of billions” of dollars on December 19, 2010, and that “it’ll be something to worry about within the next 12 months.” Whitney’s remarks about hundreds of billions of defaults quickly rattled the market and garnered a lot of attention, much of it critical. At the time, the record number of municipal bond defaults in a year was just over $8 billion.
“Many of the articles attacking her accused her of making a very specific forecast as many as a hundred defaults within a year,” writes Michael Lewis in Vanity Fair. things didn’t come to pass. However, that was not at all what she had stated; rather, her words had been misinterpreted so that her point could be challenged more readily. A 60 Minutes employee who checked the transcripts of the interview for me to make sure I had heard what I believed I had heard explained, “She was referring to the complacency of the ratings agencies and investment advisers who say there is nothing to worry about.” She claims there is cause for concern and that everyone will realize it within the next 12 months.
John Layfield Biography
John Layfield is an American WWE commentator, Fox News analyst and former professional wrestler. He is currently under contract with WWE, where he serves as an ambassador. Layfield currently works as a financial expert and frequently appears on Fox Business and Fox News. He works with Northeast Securities as senior vice president as well.
John Layfield Net Worth
Layfield has an estimated net worth of $9Million according to Celebrity Net Worth. His job career as a WWE commentator, Fox News analyst and former professional wrestler is his main source of income.
John Layfield Love Life
On June 6, 1994 Layfield married Cindy Womack but divorced in 2003.
He later married his second wife, Meredith Whitney, on February 11, 2005 in Key West, Florida.