Monday, July 13, 2009

Meredith Whitney ups Goldman Sachs - 8:55AM

Wow! Meredith Whitney on CNBC jammed the banking system up, especially Goldman Sachs, Bank of America and JP Morgan. Did she go over to the dark side, or did she find out having her own firm made her find out you only give bullish ratings: From Bloomberg: U.S. Stock-Index Futures Climb; Goldman Sachs Gains on Upgrade By Roger Neill July 13 (Bloomberg) -- U.S. stock index futures advanced as Goldman Sachs Group Inc. gained in early trading in New York after Meredith Whitney Advisory Group LLC recommended buying the shares before the bank reports earnings tomorrow. Standard & Poor’s 500 Index futures expiring in September climbed 0.3 percent to 877.20 at 8:20 a.m. in New York, having lost as much as 1 percent earlier.

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