Credit Rating Agencies and the Financial Crisis

Credit Rating Agencies and the Financial Crisis

Congress turns up the heat on the nation's credit rating agencies. A House committee investigates how inaccurate credit ratings contributed to last year's financial meltdown and whether new regulations are needed.

Congress turns up the heat on the nation's credit rating agencies. A House committee investigates how inaccurate credit ratings contributed to last year's financial meltdown and whether new regulations are needed.

Guests

Michael Hirsh

senior editor at Newsweek.

Alex Pollock

resident fellow at the American Enterprise Institute, and former president and CEO of the Federal Home Loan Bank of Chicago.

Frank Partnoy

George E. Barrett professor of law and finance, University of San Diego.

Congressman Edolphus Towns

chairman, House Committee on Oversight and Government Reform.

Floyd Abrams

partner at the law firm Cahill, Gordon and Reindel, LLP.

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