Motley Fool Money: 06.03.2011

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 3 June 2011

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

The economy adds fewer new jobs than expected. Groupon files for an IPO. Google fights with China. Nokia tumbles. And 5-Hour Energy scores with seniors. Our analysts discuss those stories and share some stocks on their radar. Plus, former Gambino family associate Louis Ferrante talks about his new book, Mob Rules: What the Mafia Can Teach the Legitimate Businessman. 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 Hill, and I'm joined by Motley Full,
0:23.0	Senior Analyst Seth Jason, James Early, and Ron Gross.
0:26.0	Guys, good to see you as always.
0:28.0	Good to see you Chris.
0:29.0	We've got a fun show this week, guys. We've got Group On filing to go public.
0:33.0	Our guest is Lewis Feronte, a former member of the Gambino Crime Family.
0:37.0	He will share some legitimate business advice from the Mafia.
0:41.0	Plus as always.
0:42.0	It's all legitimate.
0:43.0	Oh, it's all legitimate.
0:44.0	It's all on the up and out with the Gambino Crime Family.
0:46.0	Plus, as always, we'll give you an inside look at the stocks on our radar.
0:49.0	But we begin with the big macro and some ugly jobs numbers.
0:54.0	The Labor Department reported on Friday that the unemployment rate in May rose to 9.1%.
1:00.0	Employers added just 54,000 new jobs in May.
1:04.0	That's down from the 232,000 that were added in April.
1:09.0	Ron Gross, I'll start with you. What'd you make in the numbers?
1:12.0	Yeah, I know we like to kid around here, but this isn't that funny.
1:15.0	This is some concern to me.
	...

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