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Former FDIC Head Bair Questions DOJ Suit Against S&P (Audio)

Sheila Bair, former chairman of the Federal Deposit Insurance Corporation, says she questions why just Standard & Poor's is being sued by the U.S. Department of Justice for alleged fraud in issuing ratings. Bair talks with Bloomberg's Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Radio's "Bloomberg Surveillance." They are joined by Stephen Roach of Yale University. (Source: Bloomberg)

Running time 09:39

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