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We’re holding a major question and answer session on live Web video this coming Wednesday at noon. So if you want to join, you have to register by Tuesday. And given the news, the timing couldn’t be more critical:
Look. In the second quarter, General Motors lost $172 million per day — $15.5 billion in three months.
How can a company lose that much money and ever hope to stay in business?
In my view, it can’t. Not without soaking up money from shareholders, fleecing bondholders, or gutting the finances of its banks.
No one can predict with certainty whether GM will survive, fail or get bailed out.
But I do know this: Banks that stand in the middle of these financial troubles — like we’re seeing at General Motors, Ford, Fannie Mae, home builders, and dozens of airlines — are going to suffer a whole new round of write-offs and failures.
So you need to know which banks are most likely to fail, which brokers could go bust, and which ones have what it takes to survive even the worst of times.
Our solution: We will name the names — of both the weakest and strongest — at our online video event.
The date: This coming Wednesday, August 6, 2008.
Time: 12 Noon Eastern Time.
Registration: Free. Just click here.
We will reveal the banks, thrifts and brokers you need to avoid. We will tell you exactly how to protect your money — and even how to grow your wealth during this crisis.
Plus, we will answer your questions about …
- How to tell if YOUR bank is flirting with failure …
- Whether YOUR savings and retirement are secure …
- How to hedge immediately against disaster …
- Where you can find historic opportunities to profit …
- And anything else that will help you protect, and grow your wealth through this crisis.
Just click here to register for free and send in your questions now. Your financial survival could depend on it.
Best wishes,
Martin
P.S. FREE GIFT FOR ATTENDING: At the end of the event, we’ll send you the link to download the complete list of the 100 most fragile banks and S&Ls — plus the 100 strongest. Normally this kind of report would sell for up to $149 — but it’s yours, free, just for attending. No strings attached. So be sure to register now.
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Money and Markets (MaM) is published by Weiss Research, Inc. and written by Martin D. Weiss along with Tony Sagami, Nilus Mattive, Sean Brodrick, Larry Edelson, Michael Larson and Jack Crooks. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in MaM, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in MaM are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amber Dakar, Dinesh Kalera, Christina Kern, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau and Leslie Underwood.
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