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WBR: Wall Street Update 03 Feb 15
Tue, 3 Feb 15
The ratings agency Standard and Poor's is fined $1.38bn over allegations it knowingly inflated1 its ratings of risky2 mortgage bonds. We get the latest from our reporter in New York. Plus the day's market roundup from Joe Saluzzi of Themis Trading in New Jersey3.
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1 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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2 risky | |
adj.有风险的,冒险的 | |
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3 jersey | |
n.运动衫 | |
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