Banking analyst Mike Mayo has been bearish on Bank of America (NYSE:BAC) for quite some time now – but is the criticism justified? In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson look at some of the comments made by Mayo and also tell viewers why Ellington Residential Mortgage REIT (NYSE:EARN) is flying high today.
In terms of their stocks today, how would you rank: Goldman Sachs, Morgan Stanley, Lazard, Evercore, and Greenhill? #rankingthebestibanks— MotleyFoolFinancials (@TMFFinancials) November 13, 2013
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. 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.