Banks are in trouble still.

Despite banks in the United States making record profits, the world’s economy is still in dire straits. We recommend that you pull all your money out and convert it to Chinese RMB and then stuff it in your mattress today.

Shares in Societe Generale sank as much as 6% Wednesday after the French bank warned that it would take another 1.4 billion euros ($2.02 billion) of charges on risky mortgage assets, virtually wiping out its profit for the fourth quarter.

In a brief trading update, the bank said it had again marked down the value of its mortgage holdings to reflect rising loss rates on both prime and subprime loans.
The latest charge offset a solid performance in retail and private banking as well as a capital gain of around 600 million euros following the merger of the bank’s asset management arm with that of Credit Agricole (PARIS:FR:ACA) .

SocGen (PARIS:FR:GLE) said it now expects to generate just a “slight profit” in the quarter. Analysts polled by Bloomberg had been expecting the bank to report net income of 850 million euros.

Shares in SocGen, which is the first major European bank to provide a fourth-quarter trading update, fell 3.8% on Euronext’s Paris market, having dropped as much as 5.9% in early trading. The stock is up around 44% from a year ago, but is still down around 65% from its peak in early 2007.

Other European banks also declined Wednesday, with BNP Paribas (PARIS:FR:BNP) dropping 1.9% and UBS (SIX:CH:UBSN) (NYSE:UBS) losing 1.4%.
Fixed income slows

On top of the latest mortgage charges, SocGen said it will take a 100 million euro hit from the changing valuation of credit defaults swaps. In addition, it expects to report a slowdown in earnings from corporate and investment banking, especially in the fixed-income side of the business.

The weaker result reflects both lower investor activity since November and less favorable market conditions, the bank said. However the unit has made a more encouraging start to 2010, it added.

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I love my Lasik!

Just can’t stop enjoying the Lasik surgery I recently got at the Stahl Eye Center Garden City NY.

Really this kind of surgery makes all the difference when you want to make a good decision it helps to be able to see what it is you are deciding on.

For those interested, here is some additional information to help you decide to get this procedure done.

- *Lasik normally has no pain.
– *US Lasik results data is available at http://www.usaeyes.org/lasik/faq/lasik-results-1.htm
– *General Lasik information and surgery video available at http://www.usaeyes.org/lasik/faq/lasik.htm
– *Stahl Eye Center has been serving patients for more than 35 years.
– *The Stahl Eye Center doctors’ patient outcomes have been independently verified by nonprofit Lasik patient advocacy USAEyes to meet or exceed the national norms for Lasik results. Fewer than 100 doctors nationwide have attained this certification.
– *Stahl Eye Center doctors are graduates from top universities such as UCLA, John Hopkins and Yale.
– *Doctor information is available at http://www.stahleyecenter.com/new_york_eye_doctors.html
– *Stahl Eye Center has three locations in New York including Manhattan and Long Island.

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Casinos are just for the slot games!

There isn’t much better than putting money into a machine and watching more money come out. You can play the dollar, five dollar, quarter, or penny slots and since most casinos have non mechanical machines now, you can do just as well or maybe better if you go to online slot games.

It’s our hearty recommendation that you double your paycheck today.

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Let’s do lunch – Gambling!

You might wonder why the casinos in the real world are so big, well it’s because they are incredibly successful at what they do, that’s why we like to pay visits to little websites that offer the best online roulette that your online money can buy.

Have a look and good luck. You deserve to win.

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Sgt. Peppers Lonely Hearts Club – Casino

Oh, we know, we’re whores but we love to give you the kind of advice you would expect to find at this site. That’s why we highly recommend that you pay a visit to online casinos for real money and start doing some investing you can be proud of. At the very least, you will be able to see some beautiful web design and study the psychology of your fellow human beings.

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Gambling as a religion.

gambling

Never mind spirituality, you would do better to find a place where you can get the best casino online and find the best way to get some fast cash.

Statistics have shown that those players who take the time to learn the game and to do their research before going online and gambling fare better than those who do not.
This site has the top reviews of all of the best online gambling sites in detail. Included are payouts, bonuses, and details about all the games, how to play them, and where you will find the best odds.

In a way, gambling is like trusting your fate to the will of the creator. God wants you to win, but you just have to keep gambling in order to get him/her to show it. Submit yourself to the will of God.

Gambling is never a sure thing, but by being a player with a clue, you increase your odds and bring yourself closer to the big money.

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Jaypee Can See Again

Now this may not qualify as bad financial advice but these old eyes can see the front page of the Wall Street Journal again with no glasses. Yah-hoo!

I had NearVision CK done in a doctor’s office in about 20 minutes and the recovery was only a few hours. There was no no pain.

I visited the Stahl Eye Center which has been serving patients for more than 35 years. It ha been independently verified by nonprofit patient advocacy USAEyes to meet or exceed the national norms. Fewer than 100 doctors nationwide have attained this certification.

Want to read the newspaper again? Maybe you should check it out.

Stahl Eye

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European Art May Solve American Unemployment Problem

Harvest by Alunda Kyrkokör (2009) from Olle Corneer on Vimeo.

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The Revolving Door of Non-Revolution

By: Reuters
Several U.S. policy makers consider JPMorgan Chase Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources.

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Dimon “would love to serve his country,” the paper quoted people familiar with his thinking as saying.

JPMorgan [JPM 43.17 0.71 (+1.67%) ] could not be immediately reached for comment by Reuters outside regular U.S. business hours.

Geithner endured a grilling last week before the U.S. Congress over his role in the rescue of American International Group [AIG 35.26 0.16 (+0.46%) ] in 2008, when he was president of the New York Federal Reserve Bank.

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He took most of our advice. Pity.

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