Saturday, August 22, 2009

Video: Whitney Says Bank Failures Will Rise to More Than 300

Aug. 21 (Bloomberg) -- Meredith Whitney, chief executive officer of Meredith Whitney Advisory Group LLC, talks with Bloomberg's argaret Brennan about the outlook for additional bank failures in the U.S. Whitney, speaking from the Kansas City Feds annual symposium in Jackson Hole, Wyoming, also discusses the state of the financial industry and the outlook for repayment by banks of
loans from the Troubled Assets Relief Program (TARP).