Bank of America (NYSE: BAC ) was convicted of civil fraud, but what does that mean for shareholders? In this segment from Thursday's episode of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the day's headlines. Among the newsmakers they discuss are JPMorgan Chase (NYSE: JPM ) , Bernie Madoff, and Buffett's outlook on housing.
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