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Business Matters: S&P to pay $1.4bn to regulators 04 Feb 15
Credit rating agency Standard & Poor's has agreed to pay a $1.38bn settlement to US regulators over allegations it knowingly inflated2 its ratings of risky3 mortgage investments. We'll get more from our reporter in New York. As the new Greek finance minister Yanis Varoufakis visits another European capital we ask economist4 Roger Bootle whether this charm offensive will work. We also head to Fiji to find out why they want to change their flag - and what they're likely to put on their new one. And with news that acclaimed5 American novelist Harper Lee is publishing her second novel - a sequel to To Kill A Mockingbird - we get reaction from her home state of Alabama. Joining presenter6 Jon Bithrey on the show are Revathy Ashok, from the Bangalore Political Action Committee and Nancy Marshall-Genzer from Marketplace in Washington DC.
1 wed | |
v.娶,嫁,与…结婚 | |
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2 inflated | |
adj.(价格)飞涨的;(通货)膨胀的;言过其实的;充了气的v.使充气(于轮胎、气球等)( inflate的过去式和过去分词 );(使)膨胀;(使)通货膨胀;物价上涨 | |
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3 risky | |
adj.有风险的,冒险的 | |
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4 economist | |
n.经济学家,经济专家,节俭的人 | |
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5 acclaimed | |
adj.受人欢迎的 | |
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6 presenter | |
n.(电视、广播的)主持人,赠与者 | |
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