Meredith Whitney is on Board

http://bloomberg.com/apps/news?pid=20601087&sid=aDhbCDKbK380&refer=home

“Simply removing ‘toxic’ assets from bank balance sheets will not directly cause banks to increase lending,” Whitney wrote in a note today.

The banks likely won’t participate in selling assets if the Obama administration wants to pay fair market value for the assets “as capital hits would be too dear,” Whitney said.