Where the Money Is 10.29.13
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 29 October 2013
⏱️ 23 minutes
🧾️ Download transcript
Summary
Can JPMorgan shareholders sleep well at night? Join Motley Fool analysts Matt Koppenheffer and David Hanson as they discuss earnings from AGNC and IVR, as well as the 1929 stock market crash.
Transcript
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| 0:00.0 | There's another billion dollar bank settlement. Home prices are up again and we're taking a close look at |
| 0:07.0 | J.P. Morgan's woes. You're in the right place folks because this is where the money is. |
| 0:17.0 | Welcome to this show. It is Tuesday. |
| 0:18.0 | I'm Matt Kopenheffer. |
| 0:20.0 | Joined, as always by David Hanson. |
| 0:23.0 | David Carlos Burrell may have broken the record for riding the largest wave ever. |
| 0:29.2 | The previous record, I believe if I remember correctly, 78 feet may have broken that. |
| 0:34.0 | David what is the craziest thing you've ever done? |
| 0:37.0 | I am not very risky. |
| 0:39.0 | I jumped off like a 20 foot rock once that's about it for one time you drank |
| 0:43.9 | some milk that was two days expired I sniffed the milk and it's not okay but |
| 0:47.6 | that was mine what about you oh this isn't about me let's move on to the |
| 0:51.5 | headlines the first headline of the day. |
| 0:54.0 | Speaking of Risky, we've got another billion-dollar bank settlement. |
| 0:58.0 | Wall Street Journal, CEO out as Dutch Bank reaches a billion dollar Libor settlement. This is continuing the |
| 1:07.0 | Libor investigations. This is the fine with the fine to Rabobank and then there's a deferred prosecution agreement with the US. |
| 1:18.7 | So this now... |
| 1:19.9 | Meaning that they're not going to be charged criminally and stuff, correct? |
| 1:23.2 | If they keep, if they get themselves in order, if they stay out of trouble. |
| 1:27.2 | But they join Barclays, UBS, and Royal Bank of Scotland that have settled so far. |
| 1:32.1 | Now here's the thing, when you look at this I can't help |
| 1:34.8 | but think that there is almost no way that this is the next shooter drop for the |
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