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Motley Fool Hidden Gems Investing

Motley Fool Money: 05.13.2011

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 13 May 2011

⏱️ 39 minutes

🧾️ Download transcript

Summary

Microsoft bets big on Skype. Disney loses big on Mars. Big oil gets grilled over big tax breaks. Google unveils the Chromebook. And Facebook deals with a public relations fiasco. Plus, New York Times writer Diana Henriques, author of The Wizard of Lies: Bernie Madoff and the Death of Trust, discusses how Bernie Madoff pulled off the biggest Ponzi scheme in history. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:08.0

From full global headquarters, this is Motley Full Money.

0:19.0

Welcome to Motley Full Money. Thanks for being here.

0:21.0

I'm your host, Chris Helen. I'm joined by Motley Full,

0:23.0

Senior Analyst, Seth Jason, James Early, and Ron Gross.

0:26.0

Guys, could see you as always.

0:28.0

Good to see you, Chris. We've got earnings from Disney and Cisco.

0:31.0

We've got a new notebook computer from Google,

0:33.0

and we've got the biggest insider trading investigation in US history.

0:38.0

Coincidentally, our guest this week is Diana Henriquez, author of a new book

0:42.0

about the inside story of Bernie Madoff and his $65 billion Ponzi scheme.

0:47.0

Plus, as always, we'll give you a look at the stocks on our radar.

0:50.0

But we begin today with the big deal of the week.

0:53.0

Microsoft is buying Skype, the internet telephone service,

0:57.0

for eight and a half billion. This gives Microsoft access to Skype's user base

1:02.0

of 170 million people. Microsoft has said it will integrate Skype's functions

1:07.0

to its Xbox game system, Windows smartphones, et cetera.

1:11.0

Seth Jason, I'll start with you. This is a Motley Full recommended stock.

1:14.0

I'm a shareholder, and I cannot shake the feeling that Microsoft just paid way too much money for Skype.

1:22.0

I might be the only one who thinks this deal makes some sense,

1:24.0

but then I don't own Microsoft's stock, so it wasn't my money if they blew on it.

1:28.0

What do you care? What do I care if they spend your money?

...

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