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Tuesday, May 6, 2008

More Multibillion-Dollar Write-Downs Announced

Whiskey & Gunpowder
May 6, 2008
By Greg Grillot
Baltimore, Maryland, U.S.A.


More Multibillion-Dollar Write-Downs Announced

Dear Whiskey Shooter,

More write-downs are being recorded as another shaky quarter came to an end. Even government backed mortgage issuer, Fannie Mae, cannot see the end of this crisis in sight.

You know what that means: The fallout from the subprime mess hasn't peaked yet, and may not for some time.

More write-down announcements, each totaling in the billions, can be expected throughout the year. And that's just one of the disastrous events that our stock market will soon be going through. It appears that no news is good news for the financial markets these days, and that trend looks likely to continue.

That's why you need to stay one step ahead of the mess by reading a special report. In it, you'll learn about the five coming "super shocks" and how they could be leading to a full on market apocalypse.

Do yourself a favor and read this report. Being prepared is just the first step toward surviving this market…

Regards,
Greg Grillot
Whiskey & Gunpowder


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