The following video is part of our nationally syndicated Motley Fool Money radio show, with host Chris Hill talking with Ron Gross, James Early, and Joe Magyer. Bank of America and Morgan Stanley were just two of the major Wall Street banks reporting earnings this week. In this segment, the guys analyze not only how the latest round of earnings is going for the big banks, but also the looming threat posed by debt-value adjustments.
Why is Warren Buffett interested in Bank of America? The Motley Fool has a brand new report, "The Stocks Only the Smartest Investors Are Buying," that explains why Buffett and others are looking to the banking industry for their next investments. You can access this just-released report by clicking here -- it's free.