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Industry Focus

Where the Money Is 11.13.13

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

🗓️ 13 November 2013

⏱️ 25 minutes

🧾️ Download transcript

Summary

Which investment banks are the best buys today? Join Motley Fool analysts Matt Koppenheffer and David Hanson as they look at a new proposal involving Fannie Mae and Freddie, dip into their mailbag, and search Twitter for some quick tidbits.

Transcript

Click on a timestamp to play from that location

0:00.0

We've got a big potential takeover of Fannie Mae and Freddie Mac, an optimistic Lloyd

0:05.0

blank fine, and a big IPO put on ice. You're in the right place folks because this is where

0:10.5

the money is. Welcome to the show, it is Wednesday.

0:16.0

I'm Matt Kopenhuffer.

0:18.0

This year is David Hanson.

0:20.0

You're back. I am back.

0:21.0

And you know what happened over the weekend while I was gone?

0:24.8

You grew a beard.

0:25.8

No, that's been happening for a while and it's terrible.

0:29.0

That is not the story.

0:29.8

The story is that you and I showed off, showed down, faced off, whatever you want to say in

0:34.4

fantasy football and what happened? I think you won this time. We're one and

0:38.7

one and one. I'll see you in the championship. One and one indeed. All right I won't make you do all on that.

0:44.0

Let's just get to the headlines.

0:45.0

The first headline we have for today

0:47.0

is from the Financial Times.

0:49.0

The headline is Investors' Pitch

0:51.0

to take over much of Fannie and Freddie.

0:54.7

This is the private equity funds, some hedge funds

0:58.0

looking to basically buy Fannie Mae and Freddie Mac

1:02.0

or big parts of Fannie Mae and Freddie Mac away from the government.

1:05.2

We've got Fairhome in on this, Bruce Berkowitz who's talked a lot about the preferred shares

...

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