Photo Gallery: The Slow Death of San Bernardino
01/03/2013
Analyst Meredith Whitney, who predicted the fates of Citigroup and Lehman...
DER SPIEGEL

Analyst Meredith Whitney, who predicted the fates of Citigroup and Lehman Brothers, warned in late 2010 that the collapse of America's cities and towns was coming. Up to 100 cities were at risk of going broke, she said, and their potential losses could total several hundreds of billions of dollars.