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Industry Focus

Where the Money Is 03.12.14

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 12 March 2014

⏱️ 21 minutes

🧾️ Download transcript

Summary

Can Bank of America regain its pre-crisis form? Join Motley Fool analysts Patrick Morris and David Hanson as they discuss Fannie Mae and Fredde Mac's plummet, the possibility of Bank of America soaring higher, and rank 5 credit-card companies.

Transcript

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0:00.0

Fannie Mae is crashing. Is it really that bad? You're in the right place folks because this is where the money is.

0:07.0

Welcome to the show folks. I'm David Hanson. This year is Patrick Morris.

0:14.0

Morning David.

0:15.0

Patrick Robert Morris, the university, lost in their conference championship for basketball,

0:20.6

not going to the NCAA tournament unless they get a

0:23.1

an at-large bit I don't think that's happening I don't think so either is

0:25.6

this a crushing day for everything Morris it really is you know my older brother

0:29.1

he's actually John Robert Morris we affectionately call him Robbie.

0:33.0

So it's all, usually, you know, if there's a 215 match up with them,

0:37.6

sometimes I pick them just for my family loyalty.

0:40.0

Who is the most famous Morris there's ever been?

0:42.4

Do you even know?

0:43.0

Yeah, absolutely.

0:44.0

That would be Tom Morris, who invented the game of golf.

0:47.4

Another great game.

0:48.4

Yeah, of Morris.

0:49.4

I thought like some Scottish guy invented it.

0:51.4

Does not sound like a very Scottish name. I know I know but hey

0:54.3

it's a great last name what can I say. All right moving on to the first headline I alluded to

0:58.4

it in the intro Fannie Mae this is a headline that you wrote yesterday

1:02.1

Correct yeah why Fannie Mae and Freddie Mac shares May, this is a headline that you wrote yesterday, Correct, yeah.

1:03.0

Why Fannie Mae and Freddie Mac shares plunged today.

...

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