Risky Banking, Danger for Apple, and the Death of CDs


In this rundown of news from around the stock market, Fool analysts Austin Smith and Anand Chokkavelu discuss:

  • Whether the LIBOR interest rate scandal changes the investing theses in JPMorgan and Citigroup, and whether there are simpler alternatives.

  • Apple's potential troubles in overcoming its reputation for getting leverage over partners as it tries to negotiate itself into our living rooms.

  • Trading at less than half of book value each, Citigroup and Bank of America are the laggards in the big banking space. Is one riskier than the other?

  • The latest blow to compact discs.

See it all in the video below.

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The article Risky Banking, Danger for Apple, and the Death of CDs originally appeared on Fool.com.

Anand Chokkavelu owns shares of Apple, Bank of America, Citigroup, JPMorgan, Wells Fargo, Sirius XM, Huntington Bancshares, and Fifth Third Bancorp. He also owns warrants in Citigroup, JPMorgan, and Wells Fargo and long-dated options of Bank of America. Austin Smith owns shares of Apple and Wells Fargo; and warrants in Citigroup. The Motley Fool owns shares of Apple, Bank of America, Citigroup, Fifth Third Bancorp, Google, Huntington Bancshares, JPMorgan Chase, and Wells Fargo; and has a covered strangle position in Wells Fargo. Motley Fool newsletter services recommend Apple, Goldman Sachs, Google, and Wells Fargo. 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.

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