JPMorgan's $13 Billion Settlement With Uncle Sam: Too Big, Too Little, or Just Right?
In the following video from Tuesday's Investor Beat, host Alison Southwick and Motley Fool analysts Mike Olsen and Taylor Muckerman break down the hardest-hitting stories for today's Foolish investor.
JPMorgan has agreed to pay $13 billion in a settlement with the Justice Department over the bank's role in the 2008 financial crisis. While $13 billion is a record-breaking amount, it's really just a rounding error when you look at the behemoth bank's books. In the lead story from Investor Beat, Taylor and Mike discuss how significant the fine really was and whether big banks are a smart investment.
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The article JPMorgan's $13 Billion Settlement With Uncle Sam: Too Big, Too Little, or Just Right? originally appeared on Fool.com.Alison Southwick has no position in any stocks mentioned. Michael Olsen, CFA has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of JPMorgan Chase. 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.