It's Tuesday, April 12th, and this is Market Fullery.

I'm Chris Hill and joining me in studio today from Motley Fool Global Gaines, Tim Hanson,

from Income,

James Early, and from Motley Fool Asset Management, Bill Mann.

Guys, good to see you.

Good to see you, Chris.

Greetings.

Cisco Systems and Facebook making headlines, but we will begin today in Japan.

The country raised the severity rating of its nuclear crisis to seven, its highest

rating, which matches the Chernobyl disaster of 1986.

Bill Mann, I will start with you. You've worked in Japan, you've been in these nuclear plants.

Not recently, I have to say. You know, has anything surprised you about the way this story has unfolded?

You know, a while back when we were talking about the earthquake and we were talking about

Japan in general, I described them as being the captain sully of nations, but I'd have to say that

TEPCO has been like the bizarro sully. I mean I worked in the

I worked with the Japanese utilities and one of the things that they were doing

and this was in the 90s is they sat down with the folks who, you know, at Three Mile Island and they went and toured Chernobyl.

I've been inside, you know, these containment vessels and they were really specifically trying to figure out what would happen, you know,

what, you know, if there were a big event at one of their nuclear plants.

And they've just kind of done the opposite.

I mean, they spent years on this and didn't seem to do any of it.

I mean things down to like not having cords that match the plugs you know in case of in case of emergency

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