The following video is part of today's MarketFoolery podcast, in which host Chris Hill and analysts Jason Moser, Jeff Fischer, and Motley Fool UK's David Kuo discuss the day's business and investing news. Bank of America has pulled the plug on its plan to charge $5 a month for debit cards. The guys discuss whether companies like Netflix and Hewlett-Packard should get credit for reversing course, and whether Bank of America needs to implement a bigger change.
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At the time thisarticle was published Chris Hillowns no shares of any of the companies mentioned. The Motley Fool owns shares of Bank of America, Wells Fargo, and JPMorgan Chase.Motley Fool newsletter serviceshave recommended buying shares of Netflix. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.