Putting the Massive JPMorgan Settlement in Perspective

The tentative $13 billion JPMorgan Chase (NYSE: JPM  ) settlement is enormous, but does it really ding the bank over the long term?

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts David Hanson and Matt Koppenheffer search Twitter for some hidden insights to answer this question and look at the strength of Citigroup (NYSE: C  ) . Although Citigroup ranks high on the list of the world's strongest banks, David notes that doesn't mean its a screaming buy as a stock.

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For the article David refers to in the video, click here.


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  • Report this Comment On October 22, 2013, at 7:22 PM, Rusty56 wrote:

    Ken Lewis was a stupid banker with an ego to match. I remember seeing him on 60 minutes bragging about all the acquisitions he made to make them one of the largest banks in the country. Too bad his reputation is a product of his vast ego. And yes, the govt is shaking down a lot of private companies but what so you expect as our govt is as crooked as any. We should be ashamed of Washington. They are pure scum.

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