Urgent Report: The man who called Lehman’s collapse five months early — showing his readers how to play the bankruptcy for as much as a $200,000 profit, now says…

“On Monday the 24th at Noon I’ll reveal the next major Bank Stock set to CRASH.”

— Dan Amoss

With a 192 year old history and 37,000 employees, its crash would drop like an A-bomb on unsuspecting shareholders…

Dear Reader,

On Monday, August 24th, at noon, Dan Amoss will expose the biggest banking lie of the past 64 years.

Given the past 21 months of market action — that’s no small claim.

If recent mainstream headlines make you believe that banks have weathered the storm…

You better think again.

Dan’s caught another major bank he thinks is lying about being able to pay their massive $1.5 billion dividend scheduled for 2009.

He believes this bank’s using every shady accounting trick possible to hide losses from their shareholders.

I’ll walk you through the flashing warning signs in a moment. But first, let me show you why it’s critical that you read the rest of this letter right now…

Dan called Lehman’s collapse five months early — showing readers how to play the bankruptcy for as much as a $200,000 profit…

Less than a month later, he exposed Allied Capital’s accounting shenanigans — handing readers the chance to turn every $5,000 invested into $13,100…

Then he caught PNC Financial hiding losses — delivering readers the chance to make 220% in just 95 days by betting against the stock…

And if the vulnerable old bank I’ve told you about today is finally forced to show its hand, their share price will crash. And that could mean substantial gains for you.

Right now Dan’s looking at a couple of specific ways to play this situation.

His conservative estimate is that you could make AT LEAST 50-75% by December by betting against this stock.

But in a closed-door conversation, he told me that he’ll be disappointed if you don’t at least have the chance to triple your money.

And that’s only the beginning…

The news of this bank dropping like a stone would hit the financial markets so hard — creating a tsunami of fear in a previously thought “safe” banking niche — that it’d make the panic of 2008 look like a cake walk…

This isn’t bad news for you, though. Because a whole new wave of downside profit opportunities would emerge.

It all starts this Monday, the 24th, at noon, when we release Dan’s full report — including the name of the company set to tank, the proof to why their share price could plummet, and a simple way to make money betting against their stock.

Let me explain…

Here’s Why Dan Thinks
This Bank Will Get Slammed

It all boils down to a few very simple things.

This bank made risky loans to people who, unfortunately, are losing their jobs quickly…

Without jobs, these people won’t be able to pay the bank back…

The bank management is using accounting tricks to hide these losses from their shareholders, while some of the same executives even appear to be quietly dumping their own shares at peak prices…

But they can only “fake” it for so long…

If those loans finally default, it’ll set off a cascading effect of losses… lower earnings… and a draining of cash…

With no cash, regulators could force this bank to cut their massive dividend. And this dividend cut would force their share price to plummet — maybe as much as 50-75% in a day — as folks race for the exits.

If you’re interested in learning how to make money from this situation, here’s why it’s urgent that you act right now…

News is already starting to leak out: A major rating agency just cut this bank’s outlook to negative.

And, in a warning sign I’ve never seen before, this bank’s own employees are speaking up — questioning management about the fudging of numbers on their most recent earnings conference call.

That’s why Dan’s quickly rushing out his report Monday, the 24th, at noon.

Here’s what’s in it for you…

The Only Two Ways You Can Make
Money From This Situation

There are two ways to make money betting against this stock…

First, you can short the stock.

This could easily allow you to make 50-75% as the bank tanks if the news that they can’t pay their dividend breaks.

Or, you could do what Dan recommends: Buy one specific put option on this bank.

You may already know that put options are a limited risk, leveraged way for you to make money when stocks drop.

For example — when a stock falls 5% in a day, put options may go up 50%. When big drops happen, puts can go up hundreds of percent in hours.

And since they’re limited risk, if Dan’s wrong — which I don’t think he is — you’ll never lose more than you put up.

My point is — there’s no easier, safer, and faster way to grab huge gains from downward stocks than through put options.

And Dan’s told me that he’ll be disappointed if you don’t at least see the chance to triple your money through his specific put option recommendation.

Sound crazy? It’s not.

For over a year and a half, Dan’s been quietly delivering opportunities just like this one to a small set of Agora Financial readers.

Each month Dan scans the market for banks that hide losses, overleveraged companies that won’t survive downturns and proven ways to hedge yourself against market crashes. When he locks on to an opportunity, he blasts out an urgent email to the subscribers of his research service that shows them how to play the idea for massive gains.

Using his recommendations,readers made 162% when Allied Capital came clean with losses, 220% when PNC Financial admitted terrible earnings, and 462% when Lehman went bust.

(And I’m not the only one bragging about Dan — I’ve pasted a few of his research readers’ comments in the sidebar to the right…)

Don’t worry if you’ve missed out on these gains in the past. Because on the 24th, you’ll have a second chance…

That’s when Dan blows the doors open on the next bank that could tank… along with the pinpoint move you must make to play their crash.

After reading this letter, you’ll have the chance to claim a spot in Dan’s monthly research service — along with the specific way to play this bank’s downside — for just $1.

Here’s an inside peak at what you’ll find in his report…

They Cut the Dividend But
YOU Make the Money

Bank execs know more than anyone that cutting their dividend is a sign of weakness…

Citigroup shed 7.3% the day they announced their first cut

U.S. Bancorp plummeted 12.5% just after announcing their cut

Bank of America crashed 15% in one day when they stopped their dividend

First Third tumbled 27% the day they cut… the largest fall that day on the S&P 500

And Lehman dropped 42% when they announced a dividend cut… just days before declaring bankruptcy.

I’m sure you’d agree that no CEO wants to see their stock price drop…

And as you’ve painfully seen in the past year, bank execs will do anything they can do cover up the losses, to fudge the numbers, to carry big losses “off balance sheet,” and to make it look like they have more cash than they do…

Anything not to have to cut their dividend.

Or, said a different way… anything to keep their share price inflated long enough for insiders to quietly dump their own shares.

But they can only keep the charade up for so long. Eventually their cash dries up. The music stops playing. And they’re forced to admit they’re in trouble.

“The era when big banks could be counted on for steady dividend checks has come to an abrupt end.” — Startribune.com

By Dan’s best estimate, the 192 year old bank I’ve told you about today will cut their dividend as early as their next earnings call — scheduled for Tuesday, August 25th.

Some insiders appear to be cashing out now, before Dan thinks they will announce the bad news.

How bad will it be?

Here’s what would make this bank’s dividend cut create a whole new wave of panic:

This specific type of bank is one of five major banks that operate in its arena. All of whom have been considered “safe” from the recession… until now.

With $432 BILLION on their balance sheet, their bankruptcy would finish a close second behind Lehman Brothers as the biggest ever…

Creating a tsunami of fear in this supposedly “safe” banking niche.

Not one of their major competitors has had to cut their dividend since World War II — a full 64 years of increasing dividends.

So if normal banks — who have to cut dividends every so many years when times get tough — drop double digit percentages on news of dividend cuts…

… then you can only imagine what the effect a 64-year-old streak coming to an end would be.

It’d be like dropping another A-bomb into the economy.

“A dividend cut at any of the Big Five would certainly be unprecedented,” says the Financial Post.

That’s why Dan believes this bank could drop upwards of 50% in a day. And why, with his put option recommendation, you could be able to quickly triple your money.

I’ll tell you about the three “lies” the company is touting to their shareholders in a moment. But first, let me tell you a little about Dan’s history for predicting when stocks will crash…

Introducing the
“Stock Market Vigilante”

For the past 18 months, while the SEC has been sitting on their asses… letting firms exploit accounting loopholes…

… and while the rating agencies have been turning their backs… granting AAA “super safe” ratings to anyone willing to pay them enough dough…

Dan’s been “policing” the financial scene — doing the SEC and Rating Agencies work for them.

It’s why I jokingly refer to him around the office as the “stock market vigilante.”

And Dan became so good at making gains from bad stocks that we did something we’d never done before: We created our first research service ever dedicated to exposing financial lies and making money when the stocks crash.

In the past 18 months of publishing Dan’s Strategic Short Report service, he’s been telling his readers who’s been fudging their accounting, who’s lying about bad loans, and who’s destined for bankruptcy.

But most importantly… he’s been showing his readers opportunities to profit from these accounting shennagegans.

How’s he done?

He went 15 of 19 in 2008 for an average gain — including the rare losing play — of 99%.

And he’s 5 for 6 so far in 2009 for an average of 73%.

His biggest winner: Calling Lehman’s collapse five months early… and showing his readers how to make 462%.

Dan’s eerily accurate predictions for crashing stocks recently sent the Wall Street Journal knocking at his door — wanting to know this “stock market vigilante’s” thoughts on the real estate market.

But what Dan didn’t tell the WSJ is that he’s caught the next set of corporate liars — the bank I’ve told you about today…

Based on the evidence I’ll lay out for you, here’s why we believe they’ve been lying to their shareholders…

Lie #1: They’re in denial about
the “big picture”

Ask any employee of this bank and they’re sure to tell you that they’re not worried about the big picture…

After all, they passed their own “internal” version of the gov’t stress test.

Trouble is, like the stress tests you’ve read about in the paper, even their “worst” case scenarios weren’t bad enough. In fact, they’re now less than half a percentage point away from hitting their top scenario for unemployment — three months earlier than expected!

If the jobless numbers continue to spike — as I believe they will — it would be the first broken link in a chain of events that could cripple this wobbly bank… sending its share price into the toilet.

See, this bank operates in regions known for two things: oil production and the auto industry.

When oil was at $140/barrel, the region boomed…

Pipefitters were hired to build infrastructure. Welders got all the overtime they could work. Engineers were paid a fortune to build the designs.

Everyone got rich. And everyone started to spend… buying bigger houses and faster cars. And the bank was quick to lend money.

The Certified General Accountants Association just announced that personal debt in this region has now hit an all time high.

A whopping 21% of all people surveyed admitted that they’re at a level where they can’t “manage their debt.”

And David Wolf, a Merrill Lynch economist, says he’s worried that this region has been running “a larger financial deficit” than the most heavily indebted economies.

Now that oil’s half the price it was when the build up started, those pipefitters, welders and “black gold” workers are out of work… making it awfully hard to pay the bank back all of that extra money they borrowed.

The unemployment in areas known for oil production nearly doubled in the past year.

But oil’s not all this region depends on… they’re also heavily dependent on the feeble auto industry.

And in the specific area where this bank’s lent most of their money — over $85 billion… that’s more than 60% of their entire loan book — more than 1 in every 7 people have jobs tied to the auto industry.

Unemployment in this specific area just hit an all time high… with some reports coming in at 14% unemployment — much higher than the 9% the bank “stress tested” for.

Rising unemployment only means one thing: with no jobs, many of the people they’ve lent money to over the past few years won’t be able to pay it back.

But the bank has not come clean about these potential loan losses. And that brings us to the reasons we believe that there’s a second lie they’re telling…

Lie #2: They’re using accounting tricks to hide bad loans

Dan will tell you it’s actually very EASY for bank management to fudge their loan numbers.

Here’s how it works:

Each quarter the execs sit down and agree on a percentage of loans they think will go bad. Then they work with accountants to take the expected future income from these loans out of earnings…

The smaller the percentage of “bad” loans they admit, the better looking the balance sheet… and the easier it is to pull the wool over wall streets eyes.

It’s like being able to grade your own exams in school.

Sure, you and I would have been honest… but the shady kid who you never trusted will cheat — making him look like a better student than he is.

And that’s what some bank execs do — they grade their own loan books to appear better than they are.

But our “stock market vigilante” sees right through this.

With the big picture looking nastier by the day and unemployment on the rise, Dan’s estimated that they should be withholding more than 4X the amount they’ve admitted to.

Just like he knew Lehman was cooking the books…

Just like he knew Allied Capital was hiding loses…

And just like he knew PNC financial would eventually have to come clean…

Each of those three plays could have more than doubled his reader’s money. And this time will be no different.

This bank’s grading their loan books 50% BETTER in this recession than they have in previous recessions.

I don’t know about you, but this slump sure feels much WORSE than the previous ones to me.

If this bank is finally forced to admit to a massive wave of loan defaults — which we believe they’ll be forced to do as early as August 25th — they’ll have a huge hole in their balance sheet… and they’ll have no choice but to cut their dividend to survive.

Remember, no major bank like this one has cut their dividend in 64 years. So if they are finally forced to cut, their share price will crash.

And by using Dan’s recommendation, you could triple your money.

But before I show you exactly how to profit, let me show you why we believe they’re lying yet again. And why this could be the biggest — and perhaps most shocking — lie they’ve been telling…

Lie #3: They’re lying about how much money they have…

Last September 10th — on their 3rd quarter conference call — the suits at Lehman Brothers sat in their cushy leather office chairs, kicked their feet back, peered out the floor to ceiling windows in their cozy corner offices…

And touted to their shareholders that they were “well capitalized” on their third quarter conference call.

Five days later they filed for the largest bankruptcy in history.

How could things go so bad, so quickly, if they were so “well capitalized?”

Well… it turns out that they weren’t so “well capitalized” at all. Instead, they used an accounting trick called the “Tier 1 Capital Ratio.”

They claim that the higher the “Tier 1 Capital Ratio,” the more money they have. And the more bad loans they’ll be able to withstand.

Specifically, Lehman bragged about something called an “11% capital ratio”… and told shareholders that this was among the strongest in the business.

Dan saw through this diversionary tactic months earlier and called Lehman’s collapse.

See, he knows that the “Tier 1 Capital Ratio” is NOT the way to measure the true value of a financial stock.

Like being able to grade your own exams in school, this is another easily manipulated accounting trick. And anytime the bank execs starting talking up their capital ratios, Dan knows they’re hiding something…

By the time Lehman filed for bankruptcy, his readers had not already avoided the stock crash, they banked 432% when it went down!

Citigroup did the same thing.

In their third quarter 2008 conference call, Citigroup said, “our Tier 1 ratio was 8.2% and our liquidity position remains strong.”

Less than 45 days later, the taxpayers bailed out Citigroup with a $20 billion capital infusion. And — if they saw the signs early enough — investors could have made a fortune betting against the stock.

Now don’t beat yourself up if you missed out on these gains. There’s nothing you can do about it…

The only thing you can do is take me up on this offer to learn the name, ticker and pinpoint way to play the next major bank set to tank.

And that’s exactly the chance you’ll have when Dan announces the next bank stock set to crash on Monday, the 24th.

The bank featured in Dan’s latest report, titled How To Triple Your Money On The Biggest Banking Lie in 64 years, is now doing the same thing Lehman did — bragging about being the healthiest in the business… and sporting a “10.4% capital ratio” as proof.

That’s a lower capital ratio than Lehman was touting just five days before bankruptcy!

And if you look at the real way to measure a bank’s wealth — by something Dan calls “real asset wealth” — you’ll see that they’re in no better position to withstand losses than Bank of America, SunTrust or First Third.

All of who had to cut their dividend to survive.

And all of who have tanked over the last year.

Because this bank’s still lying to their shareholders, they haven’t fallen nearly as far yet. But they will.

See, in the end, when the big picture turns bad, and when loans start to really default, you can’t “fake” money in the bank. You either have it or you don’t.

The deadly combination of being in denial about the big picture, grading their loans better than they are, and lying about how much money they have should all pile up to one thing…

A dividend cut. Followed by a sudden drop in share price.

How soon could this happen? Let me show you…

The Catalyst That Sends
People Running For the Exits

Despite the accounting tricks, their first quarter earnings barely covered half of the dividend they promised shareholders…

To keep up their front of a healthy company, they paid out as normal… forcing them to burn through $167 million in cash they stocked away for a rainy day.

And even though the second quarter earnings fell short of the cash they needed to pay that dividend, they dipped into their reserves and paid that one, too. Draining them of another $50 million.

Why continue to pay the dividend?

Dan believes that it’s all an attempt to keep their share price high for long enough to dump their own stock for major profits…

After years of buying their own stock, the tides have turned… in the past three months their sell transactions have outnumbered the buys...

The Chief Financial Officer of the bank’s trading arm sold $760,000 of his stock since their last conference call…

And in a telling sign less than two months ago, a message left at stockhouse.com claims that insiders sold a whopping $2.8 million worth of their own stock… in a single day!

Do you think they know something the shareholders don’t?

The frantic insider selling since their last quarterly report suggests one thing: As soon as their next earnings call — scheduled for Tuesday the 25th — they could announce a dividend cut.

If news comes, their share price will collapse.

And that’s why it’s crucial you have Dan’s report in time to profit from this crash.

Monday, August 24th, at noon we’re releasing Dan’s report, How To Triple Your Money On The Biggest Banking Lie in 64 years, to his Strategic Short Report readers.

Simply agree to take a trial subscription to Strategic Short Report, and I’ll make sure you get a copy when it’s published.

You’ll want to read it immediately.

The bank’s third quarter conference call takes place on Tuesday morning, the 25th. And that’s the day Dan expects them to either announce or hint at their dividend cut.

What’s a subscription to Dan’s research normally cost?

I can tell you that it’s not cheap. In fact, it’s our second most expensive service in Agora Financial. A full year subscription to Strategic Short Report costs $1,995.

Again, I understand that’s not cheap — but it’s priced that way for a reason…

In Strategic Short Report, Dan aims to help readers make money on betting that stocks will go down.

And despite the huge gains possible, it’s a strategy that a good deal of our subscribers either aren’t interested in, or find intimidating.

Put simply, Dan’s service is best for our most advanced, aggressive readers.

Readers that are looking for something a little different than long-term bullish buy and holds.

And we’ve priced it high to weed out the fearful and non-sophisticated.

Is it worth it for you?

The only way to know for sure is to agree to a trial subscription.

Remember, over the past 18 months, Dan’s rattled off gains of 162%, 173%, 224%, 238%, 334% and 462%…

Showing readers like Daniel Yates how to make $21,980, subscriber Bill Kallas how to make $32,348 on his very first trade and William Rand how to make $200,000…

I could go on all day with glowing testimonials. But I think you get the idea…

Even at two grand, Strategic Short Report is the best deal in the entire publishing industry.

But because I want to expose the bank execs for the greedy bastards they are… and show readers now only how to protect themselves, but how to actually make money from their lies…

I’m going to do something special for you. Something I’ve never done before…

$1 For 1 Month

Up until the minute we release this report you can grab a month long trial subscription to Strategic Short Report for just $1.

In return, I’ll make sure you get a copy of How To Triple Your Money On The Biggest Banking Lie in 64 years when Dan blasts it out.

No gimmicks. No questions asked. You risk nothing in trying Dan’s research.

If however, at the end of your one-month trial membership you do like the research — which I’m 100% confident that you will — simply do nothing. At the end of your trial I’ll enroll you in our lowest quarterly automatic subscription rate we’ll ever offer. You’ll pay just $395, every quarter, for as long as you want to receive Strategic Short Report. And don’t worry, there’s still no obligation. You can stop the payments at any time.

It’s a win-win.

You get the specific option play Dan recommends AND the opportunity to try Dan’s research for 30 days for just a buck. And, because I fully believe Strategic Short Report is one of the best services on the market, I get a customer who I know will be willing to “pay up” after the trial.

I think you’ll agree that’s fair.

So now it’s decision time…

I’ve done everything I can to show you how to make money if this bank cuts its dividend. And I’ve given you a no brainier, risk free offer to get into all of Dan’s research.

You can either sit on the sidelines — watching executives lie and cheat their shareholders — or you can get them back, by making money when their lies are exposed.

Click here to get started today.

To your wealth,

Joe Schriefer
Publisher, Strategic Short Report
August 2009