– Massive loan losses -- the highest percentage of bad loans in more than a decade -- have hit U.S. banks like a ton of bricks!

 – Banks are now holding TRILLIONS OF DOLLARS worth of the high-risk investments known as derivatives that Warren Buffet calls “Financial Weapons of Mass Destruction.”

 – The mind-boggling $7.7 TRILLION Consumer Credit Bubble is ready to burst!

 – Bank revenues have been pushed off a cliff by corporate loan defaults, consumer bankruptcies, credit card defaults, and massive investment losses!