MarketFoolery 08.07.2014

Published: Aug. 7, 2014, 7 p.m.

\n

\n

Bank of America is reportedly close to settling with the US Department of Justice for $17 billion.\xa0 Is the wreckage of the 2008 financial crisis finally behind BofA?\xa0 Plus we dip into the Fool Mailbag to discuss portfolio management and when to take profits.