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.
More Foolish insight
Millions of Americans have waited on the sidelines since the market meltdown in 2008 and 2009, too scared to invest and put their money at further risk. Yet those who've stayed out of the market have missed out on huge gains and put their financial futures in jeopardy. In our brand-new special report, "Your Essential Guide to Start Investing Today," The Motley Fool's personal finance experts show you why investing is so important and what you need to do to get started. Click here to get your copy today -- it's absolutely free.
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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.