Motley Fool Money: 5.21.2010
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 21 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 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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