Whitney Says Goldman's Not Buying a Bank & B-Slaps Merrill's Moszkowski!!

Meredith Whitney has spoken! 

The Madam of Mayhem, the Darling of the Downgrade, has emerged from her private meeting with the head honchos of Goldman Sachs and said, "While much speculation has been made about Goldman's interest in acquiring a retail bank, we believe the chances are less than slim." 

So there you have it, no bank for Goldman.  It's funny because just a couple of days ago Merrill Lynch's Guy Moszkowski told investors that they, "shouldn't rule out" a bank acquisition by Goldman. 

Mr. Moszkowski made some good points noting that while conventional wisdom might have you to believe that a bank acquisition would force Goldman to exit businesses like commodities, JPM Chase was allowed to keep Bear Stearns commodities business when they purchased Bear in March.  Nevertheless, I guess Moz wasn't granted the kind of access Ms. Whitney was given to the Goldman nerve center.

So who are we to believe, a smart guy, thinking independently (Moszkowski), or a superstar like Ms. Whitney who is getting the answers straight from the horses mouth?  When in doubt, we go with the smoking hot blond lady!  Sorry Guy, you're probably right but...

Comments

[mike]

yeah, plus her husband is a former wwf wrestler!