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China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

December 2007

Meredith Whitney, CIBC World Markets analyst: Grappling with Citigroup


Those looking to harm Ms Whitney may want to think twice.


Meredith Whitney, the CIBC World Markets analyst, has been much in the news recently. Her incisive commentaries on the failings of Citi played a key role in making the position of the bank’s now former CEO, Chuck Prince, untenable.Telling it like it is has made Whitney a few enemies – she...


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