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Motley Fool Hidden Gems Investing

Motley Fool Money: 5.21.2010

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 21 May 2010

⏱️ 39 minutes

🧾️ Download transcript

Summary

On this week's Motley Fool Money Radio Show, we discuss financial reform, Google television, and Kevin Costner's slick technology. We talk intuition and investing with Christopher Chabris, co-author of The Invisible Gorilla: And Other Ways Our Intuitions Deceive Us. And we share some stocks on our radar. 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 Fool Money.

0:19.0

Welcome to the show. Thanks for being here. I'm your host, Chris Hound.

0:22.0

I'm joined by Motley Fool, Senior Analyst, Seth Jason, James Early,

0:25.0

and Shannon Zimmer. Guys, good to see you.

0:28.0

Chris, on this week's show, we'll talk investing, intuition, and invisible gorillas.

0:33.0

I'll tell you why Kevin Costner may hold the key to the Gulf Coast oil spill,

0:37.0

and we'll debate Google's chances as the company attempts to get into the TV business.

0:42.0

All that plus earnings news, and a few stocks on our radar.

0:46.0

And hopefully at some point, my voice will actually improve.

0:49.0

Did you set that most cigarettes smoked at one time record, or did you fall short?

0:53.0

Dragically, I came in third. I got the bronze.

0:56.0

It was a little bit of a Tom Ways quality to your voice, Chris.

0:58.0

Oh, thank you. From the music critic, I appreciate that.

1:01.0

But we begin with what's being called the most sweeping financial reform since the Great Depression.

1:05.0

The Senate passed legislation this week that would change the way Wall Street does business.

1:10.0

Among other things, the bill includes a provision that would essentially end banks

1:14.0

from trading on their own accounts. It makes derivatives trading more transparent,

1:18.0

creates a new consumer protection agency and a council of systemic risk.

1:24.0

And in extreme cases, the government would be allowed to liquidate failing financial companies.

1:29.0

Shannon Timmerin, the Senate version, tougher than the version that the House passed.

1:34.0

Obviously, the two sides are going to work out their differences in the coming week.

...

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