February 28, 2013
Ben Bernanke, current chairman of the Federal Reserve, testified before Congress this week, and during that testimony, several congressmen made reference to the idea that, if we have truly left "too big to fail" behind us, why are several of the nation's largest banks still being priced on the market as if they are indeed too big to fail? In this video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss just how big some of these banks like Bank of America (NYSE: BAC ) or JPMorgan Chase (NYSE: JPM ) really are, and why it is very unlikely the U.S. government will allow them to truly collapse.
Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy, and as an added bonus, you'll receive a full year of FREE updates and expert guidance as key news breaks.