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PBS NEWSHOUR

Justice Department: Standard & Poor's Defrauded Investors

  • Aired: 02/05/2013
  • 12:06
  • Rating: E
The Justice Department filed a lawsuit against Standard & Poor's, claiming it committed fraud by inflating mortgage ratings between 2004 and 2007, helping fuel the financial crisis. Jeffrey Brown examines both sides of the case with Illinois Attorney General Lisa Madigan and Floyd Abrams of Cahill, Gordon & Reindel.
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Justice Department Charges Standard & Poor's Defrauded Investors
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