By Martin D. Weiss
Bear in mind if you learn this e-book that the writer used to be ordered to pay giant financial consequences to the U.S. Treasury in June 2006 for misrepresenting himself as an funding adviser while he was once no longer registered with the Securities and alternate fee. It used to be famous within the lawsuit (UNITED STATES OF the United States prior to the SECURITIES AND alternate fee funding ADVISERS ACT OF 1940 unencumber No. 2525 / June 22, 2006 ADMINISTRATIVE continuing dossier No. 3-12341) that "he used selective, outmoded, and/or hypothetical examples of particular returns that subscribers may have discovered on person trades had they Weiss Research's innovations, with out advising that the final go back used to be or will not be ecocnomic ... the general functionality of Weiss Research's top rate providers didn't help those revenue claims. in truth, throughout the correct period of time, many subscribers who every one Weiss study buying and selling suggestion - as Weiss examine inspired its subscribers to do - skilled total returns that have been considerably less than Weiss Research's revenue examples and such a lot truly misplaced money."
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Additional info for Crash Profits: Make Money When Stocks Sink and Soar!
Item by item, piece by piece, the CEO told us what they had done wrong. Then he told us how they were going to fix it. Did it shock the market? Of course. No one had any inkling that UCBS was that far into the accounting gimmicks. Did the stock plunge? Of course. But it cleared the air. If investors can survive today’s conference, they can survive anything. As to the company’s own financial survival, though, that’s another matter. ” Johnston’s second step: to clean house. He finalized his timeline to unravel the derivatives transactions, to sell off or consolidate the subsidiaries, and more.
CMS $845 $1,268 $423 KO $1,492 $1,906 $414 ConoCo Inc. COC $1,185 $1,715 $530 Cummins Inc. CUM $1,684 $2,064 $380 Deere & Co. DE $5,951 $6,440 $489 Delphi Corp. DPH $6,077 $8,444 $2,367 Delta Air Lines Inc. DAL $8,304 $10,657 $2,353 Coca-Cola Co. 1 (Continued) Symbol Pension Plan Assets Pension Plan Obligations Underfunded Amount DD $17,923 $18,769 $846 Eastman Chemical Co. EMN $697 $1,062 $365 Exelon Corp. EXC $6,279 $7,101 $822 Exxon Mobil Corp. XOM $12,170 $19,419 $7,249 Fedex Corp. FDX $5,510 $6,227 $717 Ford Motor Co.
Yet even while investors lost billions, Merrill Lynch cleaned up—$100 million on Internet IPOs alone. In each of these cases, all but the investors got rich. Brokerages made millions. The analysts made millions. The companies they promoted raked in millions. But the poor investors lost their shirts. Tamara Belmont became increasingly conscious of this great Wall Street scam. She knew it was no coincidence. She knew these were not mere “honest mistakes,” as many of her colleagues were claiming. They were orchestrated campaigns to fleece the public.
Crash Profits: Make Money When Stocks Sink and Soar! by Martin D. Weiss