Meredith Whitney Betting Obama's Plan Goes Through, 'Will Not Be Pretty for Banks or Consumers'
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GS Hot Sheet
Rating Summary:6 Buy, 12 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 20 | Down: 11 | New: 38
Wall Street's former cover girl, Meredith Whitney, believes that Obama's new bank regulation plan will go through and "it will not be pretty for banks or consumers." The popular analyst's comments come from a research note to clients.
Meredith specifically mentions Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM) and Morgan Stanley (NYSE: MS).
Financials appear to be trading lower this morning; the Select Sector SPDR Financial ETF (NYSE: XLF) is down 0.34% with about an hour left in the pre-market session.
Meredith specifically mentions Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM) and Morgan Stanley (NYSE: MS).
Financials appear to be trading lower this morning; the Select Sector SPDR Financial ETF (NYSE: XLF) is down 0.34% with about an hour left in the pre-market session.
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