Even as confidence in the stability of some of the big banks starts to recover, the Department of Justice continues to pursue hefty fines against the ones it sees as bearing the most responsibility for the recent crisis -- and now it wants more than $10 billion from Citigroup (NYSE:C) for its sale of mortgage-backed bonds before 2008. Does this make sense, or does it pose an unnecessary risk to a fragile sector?
In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss recent DOJ actions and what they could mean.
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.
More from The Motley Fool
Citigroup (C) Q4 2017 Earnings Conference Call Transcript
C earnings call for the period ending December 31, 2017.
Better Stock: Wells Fargo (WFC) vs. Citigroup (C)
The two banks have had plenty of ups and downs over the last decade or so. Here's the one I think has more "up" potential right now.
These Bank Bets Put Even Bitcoin to Shame
Find out why you have less than a year left to use some of these unusual investments.