Is Justice Department's Investigation of S&P Retaliation?

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When Standard & Poor's downgraded America's credit rating, questions were raised about the agency's role in failing to blow the whistle on sub-prime mortgages. Now the Justice Department has launched an investigation. At the same time, local governments are taking another look at whether S&P is serving their needs. Louise Story broke the news of the investigation today in the New York Times.

Credits

Guest:
Louise Story - New York Times - @louisestory

Host:
Warren Olney

Producers:
Frances Anderton, Sonya Geis