S&P Attorney Abrams on U.S. Lawsuit

Feb. 5 (Bloomberg) -- Floyd Abrams, a partner at Cahill Gordon & Reindel LLP, talks about a U.S. Justice Department lawsuit against McGraw-Hill Cos. and its Standard & Poor’s unit. The government alleges that S&P knowingly understated the credit risks of bonds and derivatives that were central to the worst financial crisis since the Great Depression. Abrams is an attorney representing S&P in the lawsuit. He speaks with Sara Eisen on Bloomberg Television's "Lunch Money." (Source: Bloomberg)

Full Show: Bloomberg Businessweek (03/24)
37:05 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)
  • S&P 500 Winners and Losers for 03/24
  • Full Show: Best of Bloomberg Markets Middle East (03/24)
  • How to Trade the Health Care Select Sector SPDR Fund