Thursday, June 09, 2011

Muni Defaults Still Coming, But Timing Unclear: Whitney

Muni Defaults Still Coming, But Timing Unclear: Whitney - CNBC
"But in a CNBC interview, Whitney stuck to her prediction even if she said the debt crash may not happen overnight.
'It's going to be big,' she said.
'What was troublesome is people took (the call) that it would have to be this year.
I never said that.
But that's the size we're looking at.'"

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