On Thursday's edition of The Motley Fool's MarketFoolery podcast, host Chris Hill and analysts Matt Koppenheffer and David Hanson take a deep Foolish dive into today's top investing stories.
Shares of General Motors were up today on the news that the U.S. Treasury Department would be selling its remaining shares of GM by the end of the year. The sale will allow the government to recoup $39.6 billion of its original $49.5 billion GM investment. In the lead story on today's MarketFoolery, Matt and David discuss why this will be good for GM in the long run and why the government could have benefited from holding on to its shares longer.
Then, now that JPMorgan Chase has agreed to settle for a record-breaking $13 billion in the case brought against it by the U.S. government over its involvement in the sub-prime mortgage scandal, which bank will be next in line? Our analysts discuss who these fines actually punish, why it is so difficult to pursue criminal charges against individuals involved, and which banks may be next.
And finally, they take a look at what makes them nervous about bitcoin.