Politics Jan 13

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How Would Obama Wield Agency-Reorganization Power?

President Obama asked Congress Friday to give him authority to consolidate executive branch agencies. Margaret Warner speaks with Roll Call's Steven Dennis and Bloomberg News' Hans Nichols about what would happen if Mr. Obama is granted the reorganization power that…

Economy Apr 20

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Who Pays the Rating Agencies?

Question: Who pays the rating agencies, like Moody’s? What is the source of their income? Paul Solman: That’s been the scandal. They’re paid by the issuers of the bonds and stocks they rate. They thus have a huge incentive not…

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