Online Gaming Takes a Hit + Credit Ratings Agencies Under Fire

Podcast Episode Summary

ONLINE GAMING TAKES A HIT: Last year's passage of an Internet gambling law in DC hit headlines as "the first of its kind in America." Now, just months before gaming was to start, the contentious law was repealed. But both supporters & detractors know it isn't going away for good. We ask what comes next? And how much revenue might be raised by when? (14 min.) CREDIT RATINGS AGENCIES UNDER FIRE: Do the coveted triple AAA ratings issued by Standard & Poor's, Fitch and Moody's really represent the gold standard of creditworthiness? As countries struggle with massive debt, these 'seals of approval' are being retracted, prompting calls for reform around the globe. We explore the role credit ratings agencies play, and how their judgments affect local, national and global economy. (38 min.)