The Long Arm of the Law Comes for Wells Fargo

Wells Fargo is the latest big bank to prove that the financial crisis is the gift that keeps on giving. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the reported mortgage-bond probe at Wells Fargo and how echoes from an important Bank of America ruling will impact that case, as well as the banks' legal landscape in general.

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The article The Long Arm of the Law Comes for Wells Fargo originally appeared on Fool.com.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America 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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