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List of Banks on the FDIC Death Watch Web Summit

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So, let’s address a few of our stock picks, Eon Communications, EONC, as well as Synergx Systems, and Wsi Industries, WSCI. EONC was profiled on October 19th. In a matter of days, the stock went from the .80 cent range, all the way to $1.10! This is a big move for any stock of any size, with nearly a 40% gain in a matter of several days.
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List of Banks on the FDIC Death Watch Web Summit

Saturday, 04 October 2008

Dear Reader,

The battered U.S. financial system continues to take hit after hit. Just this past week the Dow plunged 777 points in one day -- the worst downward turn since the crash in '87.

On top of that, Citigroup's taking over Wachovia's banking operations... Lehman Brothers has filed for bankruptcy... Bank of America is taking over Merrill Lynch.

The truth of the matter is we're facing a fallout that will likely decimate what’s left of the teetering U.S. banking industry… causing millions of Americans severe and irreparable financial pain. And things are going to get a whole lot worse.

But most folks won't even know what hit them... and by the time they find out, the damage will be done.

If you keep your "safe money" in a bank CD, savings account or money-market fund, it is imperative that you take DEFENSIVE ACTION immediately.

The U.S. banking industry is in the midst of a catastrophic collapse that could erase billions in shareholder wealth... and even siphon money from FDIC-insured bank accounts.

Make no mistake; this is not some far-fetched doomsday scenario. This is reality. It is happening right now. And millions of Americans -- including you -- are at severe risk.

Many of America’s giant financial institutions are mired in debt... collapsing real estate values... bad loans... and new-fangled investment products that were downright rotten to the core.

“Consumers should consider what steps they should take to protect their deposits,” warns ABC News… and I strongly urge you to heed this advice.

Already in 2008, eleven U.S. banks have failed. To put that in perspective, only three banks have failed in the last three years combined! And things are getting worse every day…

The Federal Deposit Insurance Corporation (FDIC) has just announced that a staggering 117 banks are on its “Death Watch” of troubled institutions.

According to FDIC chairman Sheila C. Bair, that's the most banks on the list in years... and more are expected to join it as credit problems worsen.

Based on historic statistics, roughly 13% of banks that appear on the FDIC “Death Watch” go under. That means, that at least 15 banks are virtually guaranteed to go bankrupt in the coming weeks.

That’s on top of the eleven banks that have already failed…

This crisis will inflict irreparable financial pain on unsuspecting Americans still stuck in the outdated belief that banks are our “most trusted and stable institutions.”

And that’s why I’ve scheduled an Emergency Web Summit.

Join Justice Litle, Editorial Director for Taipan Publishing Group, and Adam Lass, Senior Editor, for WaveStrength Options Weekly, as they discuss this crisis… and also give you the critical information you must know, including:
In the coming weeks, there are going to be two kinds of people:

1) The losers: People who bury their heads in the sand and sit idly by as America’s “most trusted” banks collapse around them…

2) And the winners: Smart people who take defensive action now and use this crisis to grow richer with investments that are designed to multiply their money in the midst of chaos.

Which side of the fence will you be on? The decision you make right now could determine your financial status for years to come.

That's why it's so essential that you do not miss the deadline to register for our Emergency Web Summit, which will take place on October 9 at 7 p.m. Eastern Time.

This event is absolutely free of charge. There is no obligation. Nothing to buy. But space is strictly limited, and you must register now.

Just register here so I can make sure you receive instructions for attending and a reminder the day of the event.

This is urgent. And missing out would be a grave mistake that could cause years of financial pain.

So go ahead and reserve your space now. First come, first served. No exceptions.

Register here.

Sincerely,
Sandy Franks, Executive Publisher, Taipan Publishing Group
Sandy Franks
Executive Publisher
Taipan Daily