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Chris Whalen said Q3 would destroy bank equity holders...link      7-Nov-09 11:39 am    
He stated at the very end of this interview he did in April of this year that commercial real estate would take down the banks in Q3 of 09'. He also said Goldman would not match their profits for the year. I don't really need to speak for him, because he does it right here in this clip on CNBC from back in April 09'. Now go look at what he says in this interview, and compare it to what actually has happened. Not one thing he said would come true has even come close to being true.

I say this not because I disagree or agree with him, but because this topic is being discussed here and people need to see the performance of both Bove and Whalen head to head.

Here is the interview from April of 09' when he predicted the bank equity would be wiped out and commercial real estate would take down the banks in Q3 09'.

Take from it what you like, I am not saying believe or don't believe, but I can't manipulate this interview nor can I manipulate how the stocks, credit and other bank equity instruments have performed since this interview.

Good luck to you all :)

http://dailybail.com/home/banking-crisis...
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abvincent1

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Chris Whalen said Q3 would destroy bank equity holders....
abvincent1 Not rated 7-Nov-09 11:39 am  
 
Chris Whalen, of Institutional Risk Analytics, sai...
gopiskaput Rate it 7-Nov-09 01:42 pm  
 
He is a perma-bear. But after watching that ...
abvincent1 Rate it 7-Nov-09 03:29 pm  
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Bank of America Corporation (BAC)

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