NOW on PBS: 12/26/2008: Credit and Credibility - Public Performance
This item is included in the following series/curriculum: NOW on PBS
- Grade Level: General-Adult
- Subjects: Business Skills
- Produced By: PBS Distribution
- Year: 2008
- Country: United States
- Language: English
- Running Time: 30m
- Captions:
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What role did the credit rating agencies play in the current economic crisis? Frank Raiter reveals how he was pressured to compromise standards in a push for profits, and what was really going on behind closed doors at the credit rating agencies. "During this period, profit was primary; analytics were secondary." Who was watching the watchers? Surprising new revelations about the economic debacle.