User:Natalie McPeek

Natalie McPeek (talk) 21:41, 7 November 2009 (UTC)

Weiss Research, Inc., founded in 1971 by Dr Martin D. Weiss, has a long history of providing research and analysis designed to empower investors with information and tools to make more informed, independent decisions along with an equally long history of public service.

History
The company was created in 1971 by Dr. Martin D. Weiss, under the name of Martin D. Weiss Research, Inc. (later renamed Weiss Research, Inc.). In 1972, it was registered as an investment adviser with the Securities and Exchange Commission(SEC).

With over 500,000 active readers, Weiss Research is one of the most widely read investment newsletter publishers in the U.S. It is a founder of the Financial Publishers Association(FiPA) and as well as a member of the Specialized Information Publishers Association(SIPA), and, through FiPA, a board member of the Alliance for Investor Education.

In 1975, the company published its first mass market publication, The Money Panic book, while in the next year the first issue of Martin Weiss' Monthly Newsletter, later named Safe Money Report, was published. In 1992 Weiss Research launched its first Premium Service, geared to provide trading recommendations to a small group of sophisticated investors. In 1995, Weiss Group, LLC was founded as a holding company for four Weiss subsidiaries -  Weiss Research, Weiss Ratings, Weiss Capital Management, and Weiss School. In October 2004, Weiss Research co-founds the Financial Publishers Association, devoted to enhancing and maintaining the financial publishing industry’s reputation for excellence while helping individual investors build their wealth. The staff of Weiss Research submitted a number of white papers and testified before US and international institutions regarding various financial issues. In July 2002, Martin Weiss provided the US Senate with a white paper on accounting reform, proposing that corporate financial statements be reviewed quarterly and that the record of each auditing firm’s warnings of future difficulties be tracked and disclosed to the public. The Senate e-mails highlights of the Weiss white paper to its members immediately prior to their vote on the Public Company Accounting Reform and Investor Protection Act of 2002, sponsored by Sen. Paul Sarbanes.In June 2003 Weiss submitted testimony regarding medical malpractice caps, which, in turn, forms the primary basis of a presentation by Senator Kennedy on the Senate floor.

In July 2007 Weiss Research submitted to the Federal Reserve and FDIC the white paper How Federal Regulators, Lenders, and Wall Street Created America’s Housing Crisis — Nine Proposals for a Long-Term Recovery by Mike Larson. Another white paper, Proposed $700 Billion Bailout Is Too Little, Too Late to End the Debt Crisis; Too Much, Too Soon for the U.S. Bond Market by Martin D. Weiss and Mike Larson was submitted in September 2008 to the U.S. Congress. In October 2008 Weiss Research submits the letter Re: Global banking bailouts by Martin D. Weiss to Managing Director Dominique Strauss-Kahn. In March 2009, Weiss presented a white paper to the National Press Club in Washington, D.C. entitled Dangerous Unintended Consequences: How Banking Bailouts, Buyouts and Nationalization Can Only Prolong America’s Second Great Depression and Weaken Any Subsequent Recovery.

Publications
Weiss Research, Inc. publishes a series of newsletters and specialized premium services, edited by Martin D. Weiss and his team of financial analysts. The newsletters include the daily Money and Markets, “the company’s flagship website” and the monthly Safe Money Report. Early in 1976, Martin Weiss established rules restricting trading by principals or employees in any securities cited in its publications. The reports from these publications specifically warned of the current debt crisis well before it began. The demise of Bear Stearns was predicted 102 days prior to its failure, Lehman Brothers (182 days prior), Fannie Mae (eight years prior), and Citigroup(110 days prior).

The November 1994 issue of Safe Money Report warned that stock research and ratings issued by Wall Street brokerage and investment banking firms are distorted by conflicts of interest and the September 1999 issue drew attention to a large percentage of corporate earnings reports suspect of manipulation. On March 2, 2009 Weiss Research launched another daily e-letter, Global Wealth Report, later renamed Uncommon Wisdom, written by Sean Brodrick, Larry Edelson and Tony Sagami, focused on reporting investment opportunities worldwide. In April 2009, Weiss published his latest book, The Ultimate Depression Survival Guide: Protect Your Savings, Boost Your Income and Grow Wealthy Even In The Worst Of Times, listed as Wall Street Journal and New York Times bestsellers. within days of its release. He donated all his present and future royalties earned on the book to the Campaign to End Child Homelessness, with the first donation ($100,000) made on April 17.