With the influx of big federal money into the banks coming out of the crisis, many have wondered whether or not these banks have a fiduciary responsibility to the American economy. Matt Koppenheffer reveals the answer below, as well as one bank, Wells Fargo (WFC 0.54%) that he admires today.
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With Uncle Sam owning big chucks of banks after the crisis, where should their loyalties lie?
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he was the GM of Motley Fool Ascent, led The Motley Fool Deutschland, and has been an investor on various Fool services. Matt is a heavy user of AI tools and is working on harnessing them to help Fool members.
Matt Koppenheffer has no position in any stocks mentioned. You can follow Matt on Twitter. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
Wells Fargo
WFC
$84.32
(0.54%)
$0.45
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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