PBS NewsHour

Justice Department: Standard & Poor's Defrauded Investors

Clip: Season 2013 | 12m 6s

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.

Aired: 02/05/13

Rating: NR

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