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Interesting interview of Meredith Whitney by Maria Bartiromo - Whitney is the rogue analyst who really poked at all of Citigroup's public statements last year.
http://www.cnbc.com/id/15840232?video=808357964&play=1
Key parts:
1) We're less than 50% done, and we'll be at that level for a long time
2) I expect 25 or more financial institutions to go back to the markets for more capital
3) Q: Can Lehman survive? A: Umm, Err, I don't know
http://www.cnbc.com/id/15840232?video=808357964&play=1
Key parts:
1) We're less than 50% done, and we'll be at that level for a long time
2) I expect 25 or more financial institutions to go back to the markets for more capital
3) Q: Can Lehman survive? A: Umm, Err, I don't know