Complicity In Crisis: Can We Trust Ratings Agencies?
December 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.
Actor James Gandolfini, 51, has reportedly died. Variety magazine reports that he suffered a "sudden stroke." The cause of death is not yet known with certainty, but HBO says the actor may have suffered a heart attack.
The prize is sometimes called the "Nobel Prize for food and agriculture." And this year's winners include Monsanto executive Robert Fraley, a pioneer in genetically engineered crops. If there's a single person who personifies the company's controversial role in American agriculture, it's probably Fraley.
The Texas senator says giving a path to citizenship to immigrants in the U.S. illegally would be unfair to immigrants who followed the rules, like his own father, 74-year-old Rafael Bienvenido Cruz. He portrays his dad as a kind of Cuban Horatio Alger.
A growing number of cities are using surveillance cameras in the hope of fighting crime, but all that video is almost useless without powerful search tools to sort the material. The municipal camera trend is proving to be big business for companies that design video analytics software.
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