Motley Fool Money: 05.28.2010
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 28 May 2010
⏱️ 39 minutes
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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 Fool Money. |
| 0:19.0 | Welcome to the show. Thanks for being here. I'm your host Chris Hillen. |
| 0:22.0 | I'm joined by Motley Fool's Senior Analyst, Seth Jason, James Early, and Shannon Zehran. |
| 0:27.0 | Guys, good to see you. Good to see you Chris. |
| 0:29.0 | On this week's show, Apple reaches a milestone. |
| 0:32.0 | BP tries to get a handle on the spill, and the SEC may have found a rat inside Disney. |
| 0:37.0 | We'll get the story behind the Afflack Duck, kick off the summer movie season with some films for Memorial Day, |
| 0:43.0 | and share a few stocks on our radar. |
| 0:45.0 | But we begin with the BP story. On Friday, CEO Tony Hayward called the oil spill, |
| 0:51.0 | quote, an environmental catastrophe. He had previously said the impact would be modest. |
| 0:57.0 | On Thursday, President Obama addressed criticism of the government's response, |
| 1:01.0 | taking responsibility for the relief effort, but saying the government does not possess technology superior to that of BP. |
| 1:09.0 | Seth Jason, you're a BP shareholder in the past week. |
| 1:12.0 | We've seen people in the media saying everything from BP's handling of this crisis is textbook on what not to do. |
| 1:19.0 | To BP's handling may become the gold standard of what to do. Where do you come down? |
| 1:24.0 | Can I pick somewhere in between? |
| 1:26.0 | Please do. |
| 1:27.0 | It is inevitable that people are upset about this. This is a horrible tragedy. |
| 1:32.0 | Remember that people died in this, and that's horrible. |
| 1:37.0 | And what could happen to the marshlands and the wetlands all across the Gulf Coast is very bad. |
| 1:42.0 | I think that the rush to judgment, however, is understandable but completely misplaced. |
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