Case in point: Meridith Whitney, who is given both credit for warning in 2007 of the collapse of Citigroup, and blame for predicting in 2010 that numerous municipalities would be in bankruptcy by now.

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As I noted in a post a few days ago, the company was recently the subject of a bearish screed on Seeking Alpha by investor Whitney Tilson, to which Netflix CEO Reed Hastings responded in a point-by-point rebuttal of his own.

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