Meredith Whitney probably will not be getting any holiday cards from former Citigroup (C) Chief Executive Chuck Prince. The CIBC World Markets (CM) stock analyst was a leading agitator for the ouster of the embattled leader of the $200 billion bank.
The company, already under fire because of its weak stock price, had run into even more trouble over its exposure to the troubled credit marketsBloomberg Terminal (BusinessWeek.com, 10/18/07). Whitney went out on a limb in an Oct. 31 report and said the bank, hard hit by the subprime market meltdown, was undercapitalized—despite its huge size.
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