TheStreet.com RealMoney

I Don't Think So, Meredith

By Jim Cramer

 About this article:
 Meredith Whitney's an embarrassment. She comes on TV with no new information, with nothing other than some valuation calls, some "double-dip" rhetoric and a poorly reasoned rap on weak retail sales, and we listen. I am sure if you are a client of Whitney's you knew you had this one in the bag and the usual suspects -- Goldman Sachs , JP Morgan and Bank of America -- got hammered. If I were a hedge-fund manager, I would have loved to have been "in shape" ahead of that interview. I no longer think that Whitney does credible work. She has ignored anything that's happened, anything that's gotten better. She thinks the capital raises basically meant nothing. She talks about how Bank of America was cheap at $3, but not anymore. Was it expensive at $4, Meredith? Is there any evidence WHATSOEVER that JP Morgan is...

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