Citigroup (NYSE:C), Bank of America (NYSE:BAC), and JPMorgan Chase (NYSE:JPM) have all been forking money over to Fannie Mae (NASDAQOTH:FNMA) for a host of reasons – the latest could be because of alleged LIBOR rigging. In this segment of The Motley Fool's financials-focused show, Where the Money Is, analysts Matt Koppenheffer and David Hanson discuss what this could mean for the banks beyond this specific suit.
David Hanson owns shares of JPMorgan Chase. Matt Koppenheffer owns shares of Bank of America, Citigroup, and JPMorgan Chase. The Motley Fool recommends 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.