What's it like for Wall Street CEOs to be scared of you?

Well, our guest interviewee can answer from experience.

You're in the right place folks because this is where the money is.

Welcome to the show folks. I am David Hanson. On today's show we are revisiting an

interview our foolish colleague Chris Hill recently conducted with CLSA banking analyst Mike Mayo.

Mayo is famous for going toe-to-to-toe with the Titans of Wall Street

like Jamie Diamond.

For those of you who listen to our weekend podcast, Motley Full Money,

this is the same interview that we played

on that podcast last week. So if you already heard it, well we're sorry. But hey

it's the weekend. Go out and play with your kids or grandkids if you already

heard it. Well we hope you enjoyed the interview.

I'm Chris Hill. The U.S. Justice Department and J.P. Morgan Chase are reportedly in the final

stages of hammering out a $13 billion settlement over the bank's sale of mortgage bonds.

So let's talk some big banks.

Mike Meo is one of the top-ranked banking and finance analysts over the past 20 years.

He's currently managing director at the investment firm

CLSA and he's the author of Exile on Wall Street. One analyst's fight to save the big banks

from themselves. Mike, welcome back to the show.

Thanks for having me.

We are, I should say right at the top, you and I are talking before this deal has been finalized.

So maybe the final details will be different than what have been reported in the press up until now.

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