Market Foolery: 08.31.2011
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 31 August 2011
⏱️ 15 minutes
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Summary
The U.S. Department of Justice filed a lawsuit to block the proposed $39 billion merger between AT&T and T-Mobile USA. The Nook saves Barnes & Noble’s latest quarter. And Finland names its price for bailing out Greece.
Transcript
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| 0:00.0 | It's Wednesday, August 31st, and this is Market Fullery. |
| 0:05.0 | I'm Chris Helen joining me in studio today for Motley Fool's stock advisor Jason Moser, |
| 0:08.8 | the Motley Fool Global Games Tim Hanson, and from Motley Fool Inside Value, Joe Meger. |
| 0:13.5 | Guys, it's the end of August, we've survived what, |
| 0:16.4 | market volatility, a hurricane, an earthquake, |
| 0:19.6 | a fire in our building. |
| 0:21.0 | It's been a big month. |
| 0:21.7 | Happy end of August. |
| 0:24.6 | We've got big news from AT&T and we've got news from Barnes and Noble, but we will start |
| 0:30.4 | just briefly. |
| 0:31.6 | I want to go to Tim Hanson for a quick update we closed yesterday's |
| 0:34.8 | podcast by talking about the situation in Greece Finland essentially saying we |
| 0:41.0 | would like some collateral not essentially saying they were saying we want |
| 0:44.2 | collateral for our participation in the euro bailout we have a development in this story yeah |
| 0:48.6 | so apparently Finland demand that they would they would like Greece's gold reserve to be put up as collateral, |
| 0:54.8 | which is probably a fair request. |
| 0:58.4 | Greece counted and said, no, we can't do that because we don't have enough gold or if everybody asked for that as collateral, |
| 1:05.2 | you know, it just wouldn't be enough. |
| 1:06.8 | Exactly. |
| 1:07.8 | So how about this? |
| 1:09.3 | How about as collateral, you take some stock in our banks. |
| 1:14.6 | And how did that go over? |
... |
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