Where the Money Is 11.03.2014
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 3 November 2014
⏱️ 15 minutes
🧾️ Download transcript
Summary
On today's show, Alison Southwick talks to senior banking specialist John Maxfield about all things banking, but first they touch on an entirely different topic -- Amazon!
Transcript
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| 0:00.0 | Who am I to argue with Harvard Business Review? You're in the right place folks because this is where the money is. |
| 0:07.0 | Hi I'm Allison Southwick and I am joined by John Maxfield today because it is Banking Day |
| 0:16.0 | but we're actually going to start off on a story that's not related to banking. |
| 0:20.6 | But before we get into that, hi John, how have you been doing? |
| 0:24.0 | I'm good, thanks for having me, Allison. |
| 0:26.0 | Good, you just got back from a nice little trip, didn't you? |
| 0:29.0 | That is correct. |
| 0:30.0 | My wife and I got away for 10 days to Italy, which was fantastic. |
| 0:35.0 | As you know, we have twin boy toddlers. |
| 0:38.7 | So it was great to get away from it. |
| 0:41.1 | Right, I can't imagine taking two twin toddler boys all over Europe. |
| 0:45.6 | So it's awesome that you got a break in your back and I'm sure you missed us too. |
| 0:50.2 | So let's just get into it then first story today is that Harvard Business Review has |
| 0:56.0 | crunched the numbers and they've released their list of the best performing CEOs. |
| 1:02.0 | So the winner I guess you could say, the number one, best performing CEO was Jeff Bezos, but Amazon has kind of had a rough go of it lately. |
| 1:13.5 | In fact, the stock is down about 25% since the end of last year. |
| 1:18.4 | So I don't know, what did you think of the number one slot |
| 1:22.0 | going to Jeff Bezos? |
| 1:25.4 | Well I mean to be honestly I think is probably pretty appropriate. |
| 1:30.0 | You know if you look at what's going on with Amazon over the last two quarters, they've lost money |
| 1:34.8 | in two consecutive quarters. |
| 1:37.2 | And investors are now, it looks like they're getting anxious for the company to start making |
... |
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