The following video is from Wednesday's MarketFoolery podcast in which host Chris Hill, along with analysts Austin Smith and Bryan Hinmon, discuss the top business and investing stories.
Shares of both Goldman Sachs (GS -2.22%) and JPMorgan Chase (JPM -2.21%) have handily beaten the market over the past year. Both reported strong Q4 earnings. Both companies have also done so at a time when they've had fewer employees because of cutbacks. JPMorgan CEO Jamie Dimon's annual bonus was cut in half, too. While he'll have to somehow manage to get by on a bonus of only $10 million, the guys credit JPMorgan's board of directors for taking action.
The relevant video segment can be found between 7:07 and 10:30.
For the full video of today's MarketFoolery, click here.
