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Everybody needs money. That's why they call it money.

From full global headquarters, this is Motley Fool Money.

It's the Motley Fool Money Radio Show. I'm Chris Hill, joining me in studio this week

for Million Dollar Portfolio Jason Moser from MDP and Supernova Simon Erickson and for

Motley Fool Pro and Options Jeff Fisher. Good to see you as always gentlemen.

We've got the latest headlines from Wall Street. We will dip into the full mailbag and as

always we'll give you an inside look at the stocks on our radar. But we begin this week

with the mobile phone wars. Samsung announced it is killing the Galaxy Note 7 which is good

since the phone appears to have a nasty habit of exploding Simon. A lot of threads to get to here

including what this means for Apple and Google. But first, how bad is this for Samsung?

This is the star. Was the star in their portfolio, wasn't it?

Well, I'm glad that you're starting with such a smoking hot story like this one.

Nice. It's just a good one. But bad. Very bad for Samsung. They recall the Galaxy Note 7 line.

Of course now every time you get on an airplane, it's terrible marketing when they're saying you

have to put this away or take it off of the airplane. But they're recalling the line they pulled

two and a half million phones. But I think bigger picture just the entire development in the

smartphone race right now is very bad for Samsung. They've historically, this has been a two-horse

race. You've had the iPhone and then the Samsung Galaxy line at the highest end of the market,

...