Motley Fool Money: 06.17.2011
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 17 June 2011
⏱️ 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 Motley Fool Money. Thanks for being here. |
| 0:21.0 | I'm your host, Chris Hill, and joining me this week, |
| 0:23.0 | from Million Dollar Portfolio, Ron Gross, |
| 0:25.0 | from Income Investor, James Early, |
| 0:27.0 | and from Motley Fool Hidden Gems, Seth Jason Geiss. |
| 0:30.0 | Good to see you, as always. Good to see you, Chris. |
| 0:32.0 | We've got retail news, energy news, and the latest hot IPO. |
| 0:36.0 | We'll talk about the business of sports with CNBC's Darren Ravel, |
| 0:40.0 | plus, as always, we'll give you an inside look at the stocks on our radar. |
| 0:43.0 | But we begin with the unrest in Greece, |
| 0:46.0 | where there are protests over government cutbacks, |
| 0:48.0 | some of those protests turning violent. |
| 0:50.0 | There are concerns that Greece may default on its debt, |
| 0:53.0 | and there are questions about a second bailout. |
| 0:56.0 | Ron Gross, I'll start with you. A lot of uncertainty here, obviously. |
| 1:00.0 | Where do you think this shakes out in terms of what it means for investors? |
| 1:04.0 | I mean, in the extreme, it could be quite serious. |
| 1:07.0 | I mean, pretty much as serious as worldwide economics gets. |
| 1:11.0 | They need to cut back costs. They need to raise taxes. |
| 1:15.0 | There's a proposal to privatize some state assets. |
... |
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