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Industry Focus

Financials: An Insider’s Look at Financial Crimes and Why America Isn’t Living Up to Its Potential

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 8 April 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

Here’s the latest from around the financial sector, and an interview with a Fool.com contributor with a unique perspective on financial crimes. In this episode of Industry Focus: Financials, host Jason Moser sits down with Fool.com contributor Matt Cochrane, who happens to have a unique day job related to the financial sector. Also, regular guest Matt Frankel, CFP discusses why JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon thinks America’s economic growth isn’t nearly as robust as it could be, and answers a listener question about stock buybacks. Finally, as always, Moser and Frankel each reveal what stocks they’re watching right now.

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Transcript

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0:00.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market each day.

0:06.5

It's Monday, April 8th, we're talking financials. I'm your host Jason Moser.

0:10.0

On today's show, we'll talk about Jamie Diamond's recent letter to shareholders.

0:13.4

We'll tackle a listener question in regard to share buybacks.

0:17.1

We'll of course have one to watch for you today, but we're starting today with another installment

0:22.2

of Between Two Fools.

0:24.0

By night, Matt Cochran is a contract writer for Fool.com.

0:28.6

You've probably heard his name once or twice.

0:31.0

And given his pension for the financial sector, I'm sure you've probably read some of his great takes out there.

0:37.0

By day, however, Matt is an Economic Crimes Detective helping catch the bad guys who in today's tech heavy world have a lot of ways to steal our information.

0:47.0

During a recent trip here at Full HQ, Matt and I sat down and talked more about the biggest ways thieves are stealing personal information these days

0:54.0

and what we can do to prevent them from getting ours.

0:57.0

Okay, Matt, so you have a very interesting work history,

1:01.0

but we talk all the time about stocks and leadership

1:04.6

and stuff here on these shows but but your job has given us I think a lot to talk

1:10.3

about today in the world of financial scam. Something I'm sure our

1:13.0

listeners will love to learn more about. Tell us about how you got to where you

1:18.0

are right now because you've been in law enforcement for some time, right?

1:21.0

So I've been in law enforcement for 13 years and the last four and a half of those I've been an economic

1:26.6

crimes detective economic crimes doesn't as an economics major I can appreciate

1:30.8

that what is what it economic crimes tell me a little bit about. So it's

1:35.3

mostly like it's mostly your what most people would probably casually call white collar

...

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