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    Back to To the Point

    To the Point

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

    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 of America's largest credit rating agency.

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    By Warren Olney • May 12, 2014 • 1 min read

    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 of America's largest credit rating agency. At the same time, local governments are taking another look at whether S&P is serving their needs. Louise Story, who broke the news last night in the New York Times, has more on the investigation and on the ripple effect of the federal downgrade.

    The full episode

    3 of 3
    The Power and the Peril of Social Media
    1. 0:00President Obama Calls for Syrian President Assad to Step Down
    2. 7:28The Uses of Social Media and the Right to Free Speech
    3. 41:14Is Justice Department's Investigation of S&P Retaliation?You’re reading this
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Darrell Satzman

      Producer

    • KCRW placeholder

      Julia Flucht

      Producer, 'To the Point'

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Louise Story

      New York Times

      NewsNationalPolitics

    The full episode

    3 of 3
    The Power and the Peril of Social Media
    1. 0:00President Obama Calls for Syrian President Assad to Step Down
    2. 7:28The Uses of Social Media and the Right to Free Speech
    3. 41:14Is Justice Department's Investigation of S&P Retaliation?You’re reading this
    Back to To the Point