A recent Motley Fool article noted that some bankers actually are going to jail. Since the onset of the financial crisis, the cries from Main Street to jail bankers has been loud and steady. None of major executives from the top Wall Street banks have faced prosecution, but there have been some smaller players thrown in the slammer.
The question for investors, though, is: Does it really matter if a particular executive is ever formally prosecuted? In this video, Motley Fool banking analysts Matt Koppenheffer and David Hanson look at a few companies where the damage was already done, trial or not.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of Bank of America, Citigroup, and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. 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.
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