Is JPMorgan Bulletproof?
The following video is from Thursday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Matt Koppenheffer and David Hanson dissect the hardest-hitting investing stories of the day.
JPMorgan CEO Jamie Dimon met with Attorney General Eric Holder today to discuss a possible settlement to end criminal and civil charges against the bank. The cost to JPMorgan, however, may be upwards of $11 billion. In today's lead story on Investor Beat, Matt and David discuss why a fine greater than an entire quarter of JPMorgan's earnings didn't drag down the stock and whether they think this big bank is a buy today.
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The article Is JPMorgan Bulletproof? originally appeared on Fool.com.Chris Hill has no position in any stocks mentioned. David Hanson, Matt Koppenheffer, and The Motley Fool own 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.
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