Cohan on BofA, Goldman, Citi Credit Ratings Cut by S&P

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Nov. 29 (Bloomberg) -- William Cohan, a Bloomberg contributing editor and author of "Money and Power: How Goldman Sachs Came to Rule the World," talks about the move by Standard & Poor's to cut the long term credit grades of Bank of America Corp., Goldman Sachs Group Inc. and Citigroup Inc. to A- from A after the ratings firm revised criteria for dozens of the world's biggest lenders. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

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