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Posts Tagged ‘ Citgroup Inc ’

Whitney Slashes Wachovia Rating on ‘Bleak’ Shareholder Prospects Highlighting Ongoing Banking Crisis

Jul 16th, 2008 | By Jennifer Yousfi | Category: Stock Market Investing

Meredith Whitney, the Oppenheimer & Co. (OPY) analyst famous for her prescient financial sector calls during the ongoing banking crisis, has downgraded Wachovia Corp. (WB) to “underperform,” saying prospects are “bleak” for shareholders of the Charlotte-based commercial bank.

Tags: BSC, Citgroup Inc, FNM, FRE, IMB, Jennifer Yousfi, NCC, OPY, US Banking, WB
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