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Motley Fool Hidden Gems Investing

Motley Fool Money: 01.15.2010

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 15 January 2010

⏱️ 20 minutes

🧾️ Download transcript

Summary

President Obama wants to impose a fee on TARP recipients. Is it an unfair tax or a "financial crisis responsibility fee"? Google gets hacked over its Chinese site getting hacked. Should the Internet giant leave China? And Conan and Leno continue to battle it out. What does it mean for investors? All that plus three stocks for on our radar. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to Motley Fool Money, I'm Chris Eln, I'm joined by Motley Fool, Senior Analyst

0:08.0

Seth Jason, James Early, and Shannon Zimmerman.

0:11.0

Good to see you.

0:12.0

Good to see you Chris.

0:13.0

All right, before we jump in we should mention that the week's news was dominated by

0:18.0

the earthquake and Haiti and all of the human relief efforts that are going on at the moment.

0:23.0

It's kind of the event that really puts everything in perspective and our thoughts go out

0:28.0

to everyone involved.

0:29.0

Shannon, did you want to win?

0:30.0

Yeah, it's just obviously terribly sad story.

0:33.0

I encourage everyone to read David Brooks column in the New York Times.

0:36.0

He points out that when we had a magnitude seven earthquake in California, 63 people died.

0:42.0

And so Haiti experienced a magnitude seven quake, apparently 50,000 people have died as a result of that.

0:48.0

And Brooks writes that it's really a story about poverty and about the way developed nations use aid well or not so well.

0:56.0

So I encourage everyone to read it to interesting article about a very tragic event.

1:00.0

All right, with that said, let's turn to some of the other news this week and we'll start with the big macro.

1:05.0

President Obama wants to oppose a fee on banks that receive tarp money.

1:10.0

He's calling it a, quote, financial crisis responsibility fee.

1:14.0

But others are calling it a tax and it would need congressional approval.

1:18.0

James, is it a good idea?

1:20.0

You know, actually, it sounds bad, but I think banks should be rejoicing Chris.

1:24.0

This is, this is more like a friendly little pat on the butt versus a full line.

...

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