The following video is from Tuesday's Investor Beat, in which host Chris Hill and analysts Ron Gross and Joe Magyer discuss the hardest-hitting investing stories of the day.
In today's edition, Dell (UNKNOWN:UNKNOWN) has decided to officially go private, with the help of a complex assortment of investors, including a major loan from Microsoft (NASDAQ:MSFT). Also, the U.S. Department of Justice is bringing legal action against Standard and Poor's ratings division. It has accused S&P of rating various risky mortgage securities as safer than they were, allegedly with fraudulent intent. Finally, Amazon.com (NASDAQ:AMZN) has come up with its own new currency.
Ron Gross owns shares of Microsoft and Dell. Chris Hill owns shares of Microsoft and Amazon.com. Joe Magyer owns shares of Amazon.com. The Motley Fool recommends Amazon.com. The Motley Fool owns shares of Amazon.com, Microsoft, and the McGraw-Hill Companies. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.