Complicity In Crisis: Can We Trust Ratings Agencies?

Dec 3, 2011

The current world economic crisis has raised hard questions about the assessments made by the big three ratings firms, S&P, Moody's and Fitch. It's also brought charges that they not only missed the onset of financial crisis, but helped fuel it with faulty judgments. Host Scott Simon talks with Roben Farzad, a senior writer for Bloomberg-Businessweek.