Where the Money Is 12.16.13
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 16 December 2013
⏱️ 9 minutes
🧾️ Download transcript
Summary
Remember 1999? Those were some wild times. Fool analyst David Hanson is joined by Morgan Housel to discuss AIG’s deal to unload ILFC, the importance (or lack thereof) of Fed tapering, and why today is nothing like 1999.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | We're going back in time to 1999, a time of Will Smith, TRL, and crazy stock market people. |
| 0:07.0 | You're in the right place folks because this is where the money is. |
| 0:15.2 | Welcome to the show folks. I am David Hanson joined by Morgan House of the day. |
| 0:18.3 | I'm here because Matt is stuck on a plane again. |
| 0:20.4 | Stuck on a plane again. |
| 0:21.4 | That is the second time in two months. |
| 0:22.6 | He travels a lot and he has bad luck. |
| 0:24.5 | I think he might be on like the no-fly list. |
| 0:26.0 | He's not telling us. |
| 0:28.3 | So he's stuck in San Francisco, I guess. |
| 0:30.3 | He should be back tomorrow, but we've got a good fill in today. |
| 0:33.0 | Going to the headlines. |
| 0:33.8 | The first headline is from the Wall Street Journal, Air Cap Nere Deal for AIG's |
| 0:39.6 | aircraft leasing unit. |
| 0:41.1 | We talked about this on Friday with Brendan Matthews. The deal appears to be |
| 0:44.6 | official now. AIG has filed with the SEC. It is a 5.4 billion dollar deal. 3 billion in cash, |
| 0:52.1 | the rest in stock. Air cap stock is up over 30% today so a nice little |
| 0:56.7 | bump for a i g but we talked about on friday is this being just a small hurdle a |
| 1:01.3 | good thing for a I. |
| 1:02.5 | a non-core business. |
| 1:03.5 | Right, you know, they're scaling back from all these side businesses that they had. |
| 1:07.0 | I don't think most people knew that AIG had this massive airplane leasing business. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.