S&P's wrist slap
Share

S&P's wrist slap

Standard & Poor's is paying a $1.37 billion settlement on charges it improperly rated mortgage-backed securities. Andrew Stoltmann, says this a "slap on the wrist." Ed Keon, Quantitative Management Associates; David Sowerby, Loomis Sayles & Company; and CNBC's Jon Fortt, discuss.
02:45
Tue, Feb 3 20154:30 PM EST