It's been in the headlines for months now! Enron, the 7th largest US company in revenues, went belly-up in the worst corporate disaster in US history. Its stock collapsed from $90 to a hair short of a BIG FAT ZERO -- wiping out more than $62 billion in invested capital and nearly every penny invested by 58,920 investors! And now, we can add Global Crossing to the list as the largest telecom bankruptcy in history.
But what you probably don't know -- what the financial media does not want to tell you -- is that Enron and Global Crossing are only the firsts of a veritable plague of bankruptcies that are about to lay waste to Wall Street. |
I'm not talking about tiny, obscure firms here. To the contrary: I'm talking about giants like Ford ... Nextel ... Xerox ... Sprint ... JDS Uniphase ... and hundreds of others that are so shaky, they could go belly-up at virtually any moment.
My company has just completed an intensive, six-month study that PROVES 1,384 publicly traded companies -- many of them household names -- are now at risk for failure.
And that's just for starters: 832 insurers, 1,470 banks, 233 S&Ls, and 17 brokerage firms -- 2,552 companies in all -- are also on shaky ground.
My name is Martin D. Weiss and it's my business to know when companies are about to go belly-up. In fact, my 180 analysts and support personnel work year-round to identify the weaknesses and strengths in almost every bank, insurance company, and trade corporation in America. That's why The General Accounting Office of the US Congress has applauded us for beating our closest competitor by a factor of 3 to 1 in forecasting future financial troubles. And that's why The New York Times said, "Martin Weiss was the first to see the dangers and say so unambiguously."
Don't let the temporary market rallies fool you: These failures will cause panic selling across the board. They'll drive the Dow to 5,000 and the Nasdaq to less than 1,000. But it doesn't have to be the end of the world -- IF -- you know what you're doing. JOIN Safe Money Report NOW ... and you will! Here's how:
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