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PBS NewsHour | Justice Department: Standard & Poor's Defrauded Investors | PBS

Duration: 12:07
Program: PBS NewsHour #10557
Broadcast Date: Feb. 5, 2013

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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Post Date: February 5, 2013