You Probably Missed It: Banks Are Back, Baby!

The U.S. government still hasn't recouped all of the taxpayer funds it put into the Troubled Asset Relief Program, or TARP, during the dark days of the financial crisis. But it's getting closer.

At this point, all of the major U.S. banks have repaid the government, and the majority of the shortfall is a result of the inclusion of the automotive sector and AIG (NYSE: AIG  ) in the program. So are banks back? In this video, Motley Fool banking analysts Matt Koppenheffer and David Hanson say yes and discuss where the sector can go from here.

Help us improve and get a free gift! Take a short survey about the following video, and we'll give you access to our special free report "The One Remarkable Stock to Own Now." Just follow this link to take the survey and claim your copy of the report.

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, Matt joins analyst Anand Chokkavelu, CFA, to 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.


Read/Post Comments (1) | Recommend This Article (10)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On May 27, 2013, at 11:33 AM, frier1 wrote:

    When BAC acquired Countrywide, did the bank not do a "due diligence", and if they did who was then responsible for making the acquisition. Such a catastrophic mistake should have led to a prosecution by the SEC at least. Was Ken Lewis responsible, and was the deal pushed thru by the FED like the purchase of Merrill only a short time later.

Add your comment.

DocumentId: 2452178, ~/Articles/ArticleHandler.aspx, 4/24/2014 11:57:10 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 16,537.20 35.55 0.22%
S&P 500 1,881.69 6.30 0.34%
NASD 4,158.19 31.22 0.76%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

4/24/2014 11:41 AM
BAC $16.44 Up +0.07 +0.42%
Bank of America CAPS Rating: ***
C $48.52 Up +0.12 +0.25%
Citigroup Inc CAPS Rating: ***
PNC $84.67 Down -0.06 -0.07%
PNC Financial Serv… CAPS Rating: ***
RF $10.35 Down -0.06 -0.58%
Regions Financial… CAPS Rating: ***
AIG $52.36 Up +0.72 +1.39%
American Internati… CAPS Rating: ****

Advertisement