MarketFoolery: 11.05.2013

MarketFoolery

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4.7 • 1.7K Ratings

🗓️ 5 November 2013

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

SAC Capital and Johnson & Johnson pay billion-dollar fines, and we break down a merger in the housing industry.

Transcript

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0:00.0	It's Tuesday, November 5th.
0:04.0	Welcome to the market foolery.
0:05.0	I'm Chris L. joining me in studio today from Motley Fool Funds, Tim Hanson, and from
0:08.6	Fool.com, Math Cup and have her.
0:11.2	Happy Election Day, gentlemen. Who!
0:14.0	Democracy!
0:16.0	Yes, election day here in the Commonwealth of Virginia.
0:21.0	Did you vote this morning?
0:22.0	I don't. I don't see a little sticker this morning? I did.
0:23.0	I did.
0:24.0	I did.
0:25.0	No, I don't need a sticker to feel good about voted.
0:28.0	I don't wear.
0:29.0	I give my sticker to my son.
0:30.0	I was disenfranchised, but I voted.
0:35.0	Maybe this, I don't want to necessarily draw the connection to election day, but today on
0:41.6	Marker Fullary, we're going to be talking about some
0:43.0	wrongdoing going on in the public markets at least in the form of companies
0:49.1	paying some pretty big fines Johnson and Johnson being one of them.
0:53.0	But by the way he's disenfranchised because he's three not because he's a felon.
0:57.0	You just had to.
0:59.0	I didn't want to laugh anyway with lingering down.
	...

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