Motley Fool Money: 08.26.2011

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 26 August 2011

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fed Chief Bernanke speaks up. Apple CEO Steve Jobs steps down. Warren Buffett makes a big buy. And Tiffany reports big earnings. Our analysts discuss those stories and share some stocks on their radar. 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.
0:09.0	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 Hell.
0:22.0	Joining me in studio this week from Motley Fool Hidden Gems, Seth Jason,
0:25.0	from Motley Fool Income Investor, James Early,
0:27.0	and from Motley Fool Global Gains, Tim Hansen.
0:30.0	Guys, could you see it quite a week this week?
0:32.0	Big week. Could you see you, Chris?
0:33.0	Had the earthquake? We've got...
0:35.0	Huracquake.
0:36.0	We have Huracquake.
0:37.0	We have Huracquake.
0:38.0	Right halfway through the Huracquake.
0:39.0	Exactly. Hopefully we'll be here next week if Irene doesn't decimate us.
0:42.0	Also a big week in the investing world with Steve Jobs and Warren Buffett,
0:46.0	both making headlines for very different reasons.
0:49.0	We will get to those stories in a moment, but we will start with the big macro.
0:53.0	On Friday, Fed Chief Ben Bernanke said the central bank still has the tools to stimulate the economy.
0:58.0	But Seth, Mr. Bernanke did not actually provide details about when or even whether the Fed might use these tools.
1:06.0	I think he had to say almost nothing this time around,
1:08.0	because there's a lot of political pressure on both sides of the spectrum.
	...

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