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MarketFoolery

MarketFoolery: 04.04.2011

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 4 April 2011

⏱️ 13 minutes

🧾️ Download transcript

Summary

Southwest Airlines cancels hundreds of flights as it conducts safety inspections of its aircraft. Deepwater Horizon rig operator Transocean awards bonuses to its executives because 2010 was the "best year in safety performance in our company's history." We discuss those stories and share some of the reactions to our April Fool's Day podcast.

Transcript

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0:00.0

It's Monday, April 4th, and this is Market Foolery.

0:05.0

I'm Chris Hale and joining me in studio today from Motley Fool's Stock Advisor,

0:09.0

Jason Moser, from Hidden Gems, Charlie Travers, and from Million Dollar Portfolio, Dave Meyer.

0:14.2

Guys, happy Monday.

0:15.7

Hey, Chris.

0:16.3

Hi, Chris.

0:17.1

So we've got some news from Transocean

0:19.4

and some additional background information

0:21.6

on that special Friday edition of

0:23.3

market foolery you may have heard but guys we will begin today with

0:26.7

Southwest Airlines Southwest has canceled more than 600 flights over the

0:31.5

past three days in the wake of the incident on Friday

0:34.4

when Southwest flight 812 was forced to make an emergency landing after a

0:39.7

five foot section of the fuselage skin burst open.

0:44.0

Jason Moser, I will start with you.

0:46.2

Southwest is a Motley Fool Stock Advisor recommendation.

0:50.3

It is, two times actually.

0:51.9

So what's your reaction?

0:54.0

You know, I mean this was one of those things where I saw it and I thought immediately this is not the way

0:57.7

they want to celebrate their 40th anniversary, but you know it is what it is and it's happened so the thing I thought about first

1:04.2

was okay who's gonna suffer from this more uh... southwest or Boeing because Boeing made

1:08.2

the planes uh... but as we've all seen the headlines today it's really southwest

...

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