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? Fool analyst Anand Chokkavelu thinks that while both banks are spinning the "we've learned from past management's mistakes and are getting lean and focusing on core operations" story, Bank of America's slightly more believable. He's bullish on both but thinks that both are risky bets and that Citigroup edges out Bank of America on risky behavior (in a bad way). See the following video for his explanation.

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